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Economics - Financial Markets 7 Online
OpenStudy (anonymous):

Comparative advantage is the ability to produce more of a given product using a given amount of resources. A. True B. False

OpenStudy (anonymous):

im not 100 percent sure but I think A

OpenStudy (anonymous):

Comparative Advantage is the ability to produce a product most efficiently given all the other products that could be produced. Absolute Advantage is the ability to produce more of a given product using a given amount of resources. To answer your question, it's false.

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