"If a country has an absolute advantage in the production of all goods, this means there is no reason for it to trade with other countries." Explain why this statement is incorrect.

Question

Quizplus · Accepted Answer

The Answer of "If a country has an absolute advantage in the production of all goods, this means there is no reason for it to trade with other countries." Explain why this statement is incorrect.

"If a Country Has an Absolute Advantage in the Production