Which of the following statements about comparative, Ask an Expert

Economics

Which of the following statements about comparative advantage is not true?

A. Comparative advantage is determined by which persons can produce a given quantity of a good using the fewest resources.

B. The principle of comparative advantage applies to countries as well as individuals.

C. Economists use of the principle of comparative advantage to emphasize this potential benefits of free trade.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M963487

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