Author Question: If a country has an absolute advantage in producing a product, it must also have a comparative ... (Read 97 times)

809779

  • Hero Member
  • *****
  • Posts: 579
If a country has an absolute advantage in producing a product, it must also have a comparative advantage in producing that product.
 
  Indicate whether the statement is true or false

Question 2

An asset is anything of value owned by a person or firm.
 
  Indicate whether the statement is true or false


Hikerman221

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

FALSE

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

For a complete list of videos, visit our video library