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A country has an “absolute advantage” in two products with respect to another country.

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A country has an “absolute advantage” in two products with respect to another country. Can it gain by trading with the other country?

A.

No

B.

Yes, if the other country has comparative advantage in one particular product

C.

Yes, under all circumstances

D.

None of the above

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  • Vendor: AAFM
  • Product: GLO_CWM_LVL_1
  • Update on: Jul 29, 2025
  • Questions: 1057
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