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Author Question: Consider two countries that can produce rice and other products. If neither country has an absolute ... (Read 63 times)

tashina2013

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on: Oct 12, 2022
Consider two countries that can produce rice and other products. If neither country has an absolute advantage in the production of rice,
◦ neither country can possibly have a comparative advantage in the production of rice.
◦ the opportunity cost of producing rice must be identical in the two countries.
◦ there is no possibility that either country will import rice from the other.
◦ then rice should not be produced.
◦ rice will still be traded as long as one of the countries has a comparative advantage in its production.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by tashina2013 on Oct 12, 2022

dsd1212

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tashina2013

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

peter

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Reply 3 on: Yesterday
Wow, this really help

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