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Author Question: If Country A has a comparative advantage in the production of oil relative to Country B, then (Read 85 times)

jojoperlo_

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If Country A has a comparative advantage in the production of oil relative to Country B, then
◦ the opportunity cost of producing oil is higher in Country A than in Country B.
◦ the opportunity cost of producing oil is lower in Country A than in Country B.
◦ Country A also has an absolute advantage in producing some good other than oil.
◦ Country A also has an absolute advantage in producing oil.
◦ Country A when compared to Country B must have an absolute advantage in producing some good other than oil.


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Marked as best answer by jojoperlo_ on Oct 12, 2022

xinyifff

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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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jojoperlo_

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


hollysheppard095

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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