Multiple Choice
If one person has an absolute advantage in producing two goods, then that person _____
A) must also have a comparative advantage in producing both the goods.
B) cannot benefit from trade.
C) cannot have a comparative advantage in producing either good.
D) will have a comparative advantage in producing only one good.
E) should specialize in the production of both the goods.
Correct Answer:
Verified
Correct Answer:
Verified
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