Trade will never be beneficial when both parties have a comparative advantage in producing the same good.

Name: Trade will never be beneficial when both parties have a comparative advantage in producing the same good.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Trade can still be beneficial even when both parties have a comparative advantage in producing the same good. This is because they can specialize in different aspects of production and trade with each other, leading to increased efficiency and overall gains from trade.

Trade Will Never Be Beneficial When Both Parties Have a Comparative