Answered

At Westonci.ca, we make it easy for you to get the answers you need from a community of knowledgeable individuals. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

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 :

Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.