Social Studies, 14.04.2020 00:35 Solany6527

Assumption in trade absolute advantage comparative advantage specialization in trade Country A produces a certain good in abundance and sells it at a cheaper rate to other countries. arrowRight Country B produces a good with a lower opportunity cost than another good. arrowRight Country A has superior resources to produce a good more efficiently. arrowRight Countries A and B have a free flow of labor across their borders.

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Assumption in trade absolute advantage comparative advantage specialization in trade Country A produ...