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mobious74 mobious74
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6 years ago
Which of the following is correct with respect to absolute and comparative advantage?
A) A country has a comparative advantage when it can produce a product more efficiently or better than most (but not all) other countries.
B) All countries have a comparative advantage in some products.
C) Absolute advantage exists when a country can produce something more cheaply and/or of higher quality than the next three most efficient countries.
D) Brazilian coffee beans are a good example of comparative advantage.
E) All of these are correct.
Textbook 
Business Essentials, Canadian Edition

Business Essentials, Canadian Edition


Edition: 8th
Authors:
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cazadorcazador
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6 years ago
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mobious74 Author
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6 years ago
Thank you, thank you, thank you!
jbag1237
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Yesterday
Just got PERFECT on my quiz
halyna
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2 hours ago
Thanks for your help!!
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