If a country produces only two goods, then it is not possible to have an absolute advantage in the production of both goods

The restaurant market in San Francisco is probably best categorized as: a. perfectly competitive

b. monopolistic. c. monopolistically competitive. d. oligopolistic.

Suppose Jamaica has an absolute advantage over other countries in producing sugar, but other countries have a comparative advantage over Jamaica in producing sugar. If trade in sugar is allowed, Jamaica

a. will import sugar. b. will export sugar. c. will either import sugar or export sugar, but it is not clear from the given information. d. would have nothing to gain either from exporting or importing sugar.