It Is Not Possible to Have a Comparative Advantage in Producing

question 136

True/False

It is not possible to have a comparative advantage in producing a good or service without having an absolute advantage.

---

Definitions:

Aesthetic Needs

Needs that relate to appreciation and search for beauty, form, and artistic harmony.

Esteem Needs

A psychological necessity for human beings that entails the desire for self-respect, self-esteem, and the respect of others; part of Maslow's hierarchy of needs.

Self-actualization

The realization or fulfillment of one's talents and potentialities, often considered as the drive for personal development and peak experiences.

Artistic Endeavours

Creative activities or projects that involve art, such as painting, writing, or performing.