Why is it likely that the United States has an absolute advantage in goods and yet it still ends up importing them from other countries?

What will be an ideal response?

The United States might have an absolute advantage in producing a good but not a comparative advantage. In this case, the opportunity cost of producing the good in the United States is higher than in another country. Thus the United States will import the product from the other country.

Economics

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a. True b. False

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