If a country has a comparative advantage in producing a product, it may or may not have an absolute advantage in producing that product

Indicate whether the statement is true or false

TRUE

Economics

You might also like to view...

In an attempt to maintain the peso exchange rate in 1994, the Mexican central bank

A) purchased dollars and sold pesos. B) sold both dollars and pesos. C) sold dollars and purchased pesos. D) purchased both dollars and pesos.

Economics

Secondary workers are often decisive in keeping a family out of poverty

Indicate whether the statement is true or false

Economics