Problem1 in what circumstances will a country have a, Ask an Expert

Economics

Problem

1. In what circumstances will a country have a comparative advantage in producing a particular good despite having an absolute disadvantage in producing that good?

2. Why might nations not wish to specialize even when they have a comparative advantage in the production of some goods com-pared with other countries?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M92761925

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