Question 7(1 point) d Which of the following is not possible for two countries w

Question

Question 7(1 point) d Which of the following is not possible for two countries who trade computers and automobiles with one another? a One country does not have an absolute advantage in either product but has a comparative advantage in one product. bl One of the countries has a comparative advantage in the production of both products. e One country has an absolute advantage in one product and a comparative advantage in the other product. d) One of the countries has an absolute advantage in the production of both products Save Question 8 (t point B The 'what question primarily refers to. a) production efficiency

Explanation / Answer

Answer

the correct option is option (b)

i.e

One of the countries has an comparative advantage in production of both products.

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