Multiple Choice
If a nation has a comparative disadvantage in the production of some commodity:
A) it cannot gain from international trade unless it has an absolute advantage in every other commodity.
B) it cannot gain from international trade in the commodity.
C) it can still gain from international trade in that commodity, by getting it at a lower opportunity cost than if it produced it domestically.
D) it can gain from international trade in that commodity only if it has an absolute advantage in that commodity.
Correct Answer:

Verified
Correct Answer:
Verified
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