Unless Two People Who Are Producing Two Goods Have Exactly

question 23

True/False

Unless two people who are producing two goods have exactly the same opportunity costs, then one person will have a comparative advantage in one good, and the other person will have a comparative advantage in the other good.

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Definitions:

Recommendation

A suggestion or proposal offered to solve a problem or improve a situation.

Appreciation

An expression of gratitude or recognition of the value or quality of something or someone.

Routine Requests

Standard inquiries or solicitations that follow established conventions and expect predictable responses.

Letters of Recommendation

Written endorsements by a third party, praising someone’s abilities, qualifications, or character, typically for employment or admission purposes.