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Given the data in the chart above, which statement explains why these three countries would benefit from specialization and trade?

Select one:
a. Each country has an absolute advantage in one activity.
b. No country has an absolute advantage in all activities.
c. One country has a comparative advantage in all activities.
d. One country has an absolute advantage in all activities.

Given the data in the chart above, which statement explains why these three countries-example-1

1 Answer

3 votes
B. because no one country has a distinct advantage over the others
User Antimo
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