Absolute Advantage Questions
1. True or False: If one entity has an absolute advantage in both goods/ services, that entity will not benefit from trade.
2. A computer programmer in GE (does/ does not) have the absolute advantage in making computer programs when compared to a Westhill student.
3. Who has the absolute advantage in making sundials?
1. True or False: If one entity has an absolute advantage in both goods/ services, that entity will not benefit from trade.
2. A computer programmer in GE (does/ does not) have the absolute advantage in making computer programs when compared to a Westhill student.
3. Who has the absolute advantage in making sundials?