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6 . Gains from Trade Indicate whether each of the foiiowing statements is true or faise. Statement True False 1. There can be no gains from trade between two countries if one of them has an absolute advantage in the production of all 33 O goods. 2. Comparative advantage determines the gains from specialization and trade. (a) Q 3. If a certain trade is good for one country, it can't be good for the other country. 0 4. Two individuals can benet from specialization and trade 'rfthevr agree upon a price that lies between their opportunity costs of . ('3 O producrng the good. 5. when a country opens to trade, people working in industries producing goods that the countryr exports are harmed by the O @ trade