In a Two-Good, Two Country World, If One Country Has

question 156

True/False

In a two-good, two country world, if one country has an absolute advantage in the production of both goods, it must also have a comparative advantage in the production of both goods.

---

Definitions:

Oral Stage

The first stage in Freudian psychosexual development, occurring in the first year of life, where the mouth is the primary source of gratification and exploration.

Fixated

An obsessive or intense focus on an object, activity, concept, or person, potentially leading to dysfunctional behavior.

Adult

A person or organism that has reached full growth or maturity.

Personality Style

Refers to an individual's characteristic pattern of thinking, feeling, and behaving, often considered relatively stable over time.