If a country produces only two goods, then it is not possible to have an absolute advantage in the production of both those goods.

Name: If a country produces only two goods, then it is not possible to have an absolute advantage in the production of both those goods.
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Question

Quizplus · Accepted Answer

A country can have an absolute advantage in the production of both goods if it can produce more of each good using the same resources compared to another country.

If a Country Produces Only Two Goods, Then It Is