Question 2 of 20
A country has an absolute advantage in trade when it:
O A. has a lower oppor...
Question 2 of 20
A country has an absolute advantage in trade when it:
O A. has a lower opportunity cost producing a good than another
country
O B. produces all the essential goods its citizens require.
C. can produce a good more efficiently than another country.
D. is the only country that produces a particular good.
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Answers: 1
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