Trade occurs when a country has an absolute advantage and not ...

[notis]

Trade occurs when a country has an absolute advantage and not just a comparative advantage over another country.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Countries tend to export different goods and services because of:
 a. differences in their comparative advantages.
  b. differences in tastes and technological needs.
  c. differences in income.
  d. similarities in resource endowment.
  e. differences in the exchange rates.

[Meganchabluk]

Answer to Question 1

False

Answer to Question 2

a

[notis]

Correct answers!

[Meganchabluk]

Great! Please up vote