Top Posters
Since Sunday
s
3
v
3
p
3
m
2
s
2
d
2
N
2
d
2
e
2
s
2
s
2
e
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
triciababy1 triciababy1
wrote...
Go to Answer
Posts: 145
Rep: 0 0
A year ago
If Country A has a comparative advantage in the production of good X relative to Country B,

▸ then Country A also has an absolute advantage in the production of some good other than X.

▸ then the opportunity cost of producing X in Country A is lower than in Country B.

▸ then the opportunity cost of producing X in Country A is higher than in Country B.

▸ then Country A also has an absolute advantage in the production of this good.

▸ We do not have enough information to say anything about relative opportunity costs.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
Read 52 times
1 Reply
Replies
Answer verified by a subject expert
lampardlampard
wrote...
#1
Posts: 136
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

triciababy1 Author
wrote...

A year ago
You make an excellent tutor!
lolaww
wrote...

Yesterday
Brilliant ツ
Zacellison
wrote...

2 hours ago
Thanks for your help!!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  996 People Browsing
 121 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 358
  
 114
  
 329