Answered

Welcome to Westonci.ca, where curiosity meets expertise. Ask any question and receive fast, accurate answers from our knowledgeable community. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

When there are multiple countries, if Country X has a comparative advantage in Good Y in one trade, does that necessarily mean they have comparative advantage in every trade with every country?

No; comparative advantage would require looking at the opportunity cost for each country

Yes. Comparative advantage is stagnant

Yes. Comparative advantage is entirely driven by polcy

No. Comparative advantage doesn't exist

Sagot :

We hope this was helpful. Please come back whenever you need more information or answers to your queries. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.