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Which of the Following Statements Is NOT True

Question 33

Multiple Choice

Which of the following statements is NOT true?


A) If a country has a comparative advantage in producing a good, then it must have an absolute advantage in producing that good.
B) A country can engage in beneficial trade even if it has an absolute advantage in producing all goods.
C) If a country can produce a good at a lower opportunity cost than others, then it must have a comparative advantage in producing that good.
D) A country can have both an absolute and a comparative advantage in producing a good.

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