Saturday, July 2, 2011

If one person has the absolute advantage in producing both of two goods, then that person

ECONOMICS

Multiple Choice

If one person has the absolute advantage in producing both of two goods, then that person

a.must also have a comparative advantage in both goods

b.cannot benefit from trade

c.cannot have a comparative advantage in either good

d.will have the comparative advantage in only one good

e.should specialize in the production of both goods

Click here for the SOLUTION

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