A country has an absolute advantage in trade when it:
O A. has a lower opportunity cost producing a good than another
country.
O B. is the only country that produces a particular good.
O C. produces all the essential goods its citizens require.
O D. can produce a good more efficiently than another country.
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Answers: 3
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A country has an absolute advantage in trade when it:
O A. has a lower opportunity cost producing a...
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