Business, 30.11.2020 21:30 drubio102004

6) 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.
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
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.
D)

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6) Which relationship BEST illustrates a comparison of absolute advantage and comparative advantage...

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