A country is said to have absolute advantage when she
ECONOMICS
JAMB 2004
A country is said to have absolute advantage when she
- A. has a higher opportunity cost in the production of a good
- B. can sell to other countries without buying from them
- C. can produce more of any good with fewer resources
- D. has a lower opportunity cost in the production of good
Correct Answer: C. can produce more of any good with fewer resources
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