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Kyuubi Kyuubi
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Posts: 1012
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6 years ago
A country is said to have an absolute advantage over another country in the production of a good if:
A) it can produce the good at a lower opportunity cost than the other country can
B) it can sell the good at a higher price than the other country can
C) it sells the good at a lower price than the other country does
D) the profit margins are different when the two countries sell the good in their home country
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
Author:
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6 years ago
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