Business, 24.12.2019 20:31 brittanyfox411
Which relationship best illustrates a comparison of absolute advantage and comparative advantage? a) a country with an absolute advantage will always have a comparative advantage in producing products. b) a country with a comparative advantage can produce a greater output of a products than a country with an absolute advantage. c) a country with an absolute advantage can produce a product at a lower opportunity cost than a country with a comparative advantage in producing all products. d) a country with a comparative advantage can produce a product at a lower opportunity cost, even if another country has an absolute advantage in the production of all goods.
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Which relationship best illustrates a comparison of absolute advantage and comparative advantage? a...
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