Top Posters
Since Sunday
c
6
r
4
c
3
m
3
h
3
1
3
n
3
s
3
d
3
c
3
a
3
r
3
New Topic  
greyfrost greyfrost
wrote...
Posts: 149
Rep: 0 0
A year ago
Suppose Canada could produce all goods and services more cheaply than all other countries. In that case,

▸ no trade would occur because Canada would have an absolute advantage in producing everything.

▸ trade would probably take place because Canada would still have a comparative disadvantage in producing some goods.

▸ no trade would occur because Canada would not have a comparative advantage in producing anything.

▸ trade would occur but only if other countries also have an absolute advantage.

▸ trade would occur but only if other countries subsidize the import of Canadian goods and services.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
Read 55 times
1 Reply
Replies
Answer verified by a subject expert
Boba155Boba155
wrote...
Posts: 159
Rep: 0 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

greyfrost Author
wrote...

A year ago
Just got PERFECT on my quiz
wrote...

Yesterday
Good timing, thanks!
wrote...

2 hours ago
Thanks
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1325 People Browsing
Related Images
  
 85
  
 452
  
 1620
Your Opinion
Who will win the 2024 president election?
Votes: 110
Closes: November 4