Suppose that on Mars,Martians must give up 2 widgets to produce 1 gadget.On Venus,Venusians must give up ½ widget to produce 1 gadget.Which of the following is true?
A) Venus has a comparative advantage in gadgets
B) Mars has a comparative disadvantage in gadgets
C) Venus should specialize in gadgets and trade with Mars for widgets
D) Mars should specialize in widgets and trade with Venus for gadgets
E) All of the above
Correct Answer:
Verified
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