[I True or False? T F l. Specialization in production in the classical model results in greater world output even though there are no new resources. International price differentials that exist in autarky can persist in the trading equilibrium. If a country has absolute advantage in bothl'all goods, there is no opportunity for gains from trade. If a big country and a little country have the same pretrade price ratio, there is no opportunity for gains from trade for either country. If a big country and a little country have different autarky price ratios, then most, if not all of the gains will likely go to the smaller country. When two countries open their economies to trade, the resulting terms of trade will always be the same as the larger country's pretrade price ratio. The farther the international price from a country's autarky relative price, the greater the gains from trade for that country. When the wages in a country are higher than in another, all of the gains from trade go to the other country. One country's trade triangle is congruent to its trading partners' trade triangle in equilibrium because exports must equal imports with balanced trade