Given the data in the chart above, which statement explains why these three countries would benefit from specialization and trad
e? (4 points)
Each country has an absolute advantage in one activity.
O O O
No country has an absolute advantage in all activities.
One country has a comparative advantage in all activities.
О
One country has an absolute advantage in all activities.
Each country has an absolute advantage in one activity.
O O O
No country has an absolute advantage in all activities.
One country has a comparative advantage in all activities.
О
One country has an absolute advantage in all activities.
1 answer:
You might be interested in