Roza001 Roza001

20-02-2017
Business

Answered

Which of the following BEST defines absolute advantage in terms of international trade?

Awhen a nation only imports and never exports
Bwhen a nation only exports and never imports
Cwhen a nation has more buying power than any other nation
Dwhen a nation can produce a good or service more efficiently than any other nation

Verified Answer :

ochohop ochohop

20-02-2017

I believe the answer would be D it would not be A like the other response says because that would put them in a deficit

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