It Is Possible for One Person to Have an Absolute

question 14

True/False

It is possible for one person to have an absolute advantage in something even if she has no comparative advantage in anything.

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Definitions:

Stocks

Financial instruments representing ownership in a company or corporation, offering a claim to part of the corporation's assets and profits.

Equity Securities

Financial instruments representing ownership in a company, such as stocks, which give shareholders voting rights and potential dividends.

Ownership

The state or fact of legal possession and control over property, which can include goods, land, or intellectual property.

Third Party

An entity or individual that is not directly involved in a transaction or agreement but may be affected by it or have an interest in it.