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If Country A can produce a unit of good 1 at a lower opportunity cost than can Country B, it is correct to state that
If Country A can produce a unit of good 1 at a lower opportunity cost than can Country B, it is correct to state that Country A A. has an absolute advantage in producing good 1. B. has a comparative advantage in producing good 1. c. will import good 1 from Country B D. will not produce good 1
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Economics
Authors: Paul A. Samuelson, William Nordhaus
19th edition
978-0073511290, 73511293, 978-0073344232, 73344230, 978-007351129
