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2 introduces us to the interesting, yet not too intuitive scenario, where one country has an absolute advantage in all goods. For this discussion, your
2 introduces us to the interesting, yet not too intuitive scenario, where one country has an absolute advantage in all goods. For this discussion, your task is to: 1. Provide a situation where one country has the absolute advantage in both goods. 2 From your example, explain which country would have the comparative advantage for each good. 3. In reply to one of your peers, explain how each country can experience gains from trade, despite one country being better at producing both goods
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