Business, 13.02.2020 05:52 kimsash05

Which of the following statements is TRUE? A. Trade will benefit neither country because the United States has an absolute advantage in the production of both soybeans and alfalfa, but Canada has a comparative advantage in the production of both soybeans and alfalfa. B. Only Canada can benefit from trade because the United States has an absolute advantage in the production of both soybeans and alfalfa. C. Trade will benefit both countries because the United States has a comparative advantage in the production of alfalfa and Canada has a comparative advantage in the production of soybeans. D. Trade will benefit both countries because the United States has a comparative advantage in the production of soybeans and Canada has a comparative advantage in the production of alfalfa.

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Which of the following statements is TRUE? A. Trade will benefit neither country because the United...