Foreign investment in the United States and U.S. investment abroad is recorded in the

Is it true that a country needs to have an absolute advantage in the production of a good in order to benefit from trade in that good? Explain

What will be an ideal response?

Assume that in an effort to discourage competitors, firm X has lowered its price below its average total costs of production. This is an illustration of the limit pricing form of strategic entry deterrence

Indicate whether the statement is true or false