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Explain Whether the Following Statements Are True or False

Question 123

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Explain whether the following statements are true or false.
(A) Althaugh a caunty can have an absolute achyantage in the protuctian of all gadts, country cannot heve a comparative advantage in the prochuction of all godis.
(B) A caunty with a relatively high capital labor ratio is ceppital intensive.
(C) The theary of comparative atvantage exglains why all trade takes place.

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(A) True. A cauntry can be absalutely ma...

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