Question: Mark all true statements about absolute / comparative advantage. Group of answer choices Every country has absolute advantage over producing some good. Comparative advantage occurs

Mark all true statements about absolute/comparative advantage.
Group of answer choices
Every country has absolute advantage over producing some good.
Comparative advantage occurs when one party can produce something at a lower opportunity cost than another party.
Absolute advantage occurs when one party can produce something at a lower average total cost than another party.
Every country has comparative advantage over producing some good

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