5. If Country A has an absolute advantage in every good, then a. it should not engage...

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5. If Country A has an absolute advantage in every good, then

a. it should not engage in international trade.

b. it should engage in a small percentage of trade.

c. it should still export goods in which it has a comparative advantage.

d. this is an impossible situation.

Related Book For answer-question

Microeconomics

ISBN: 978-0132857123

8th edition

Authors: Robert Pindyck, Daniel Rubinfeld

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Posted Date: Dec 21, 2022 11:06 PM

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5. If Country A has an absolute advantage in every good, then a. it should not engage...

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Microeconomics

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