maddielarman6283 maddielarman6283
  • 12-12-2017
  • Business
contestada

True or false: if country b has an absolute advantage over country a in producing bicycles, it must also have a comparative advantage over country a i

Respuesta :

W0lf93
W0lf93 W0lf93
  • 23-12-2017
This statement is false. An absolute advantage is the countries ability to carry out a certain economically advantageous activity better than another country or group while a comparative advantage is the ability to carry out an economic activity better and more efficiently than another activity.
Answer Link

Otras preguntas

How do you convert this mixed fraction 8 21/40 into a decimal
A jigsaw puzzle contains 50 pieces. If joining any two pieces or groups is considered one move, what is the least amount of moves to join all 50 pieces?
What structural problem prevents adenine from pairing with guanine?
When World War I began, the official United States policy was (Points : 1) to enter on the side of the Allied Powers to enter on the side of the Central Powers
If you were given some frumenty at a Medieval Christmas party, what would you probably do with it? A) Eat it B) Burn it C) Put it in your sweetheart’s hair D) U
How do Raymond's action changes squeaky's view to him ?
Damon has 5 dimes and some nickles in his pocket, worth a total of $1.20. To find the amount of nickles he wrote an equation 5n+ 50 = 1.20 Find all the errors
What scientists do that is the basis of their investigations
how many times can 36 go into 224
What times what equals 120