Sapling Learning Classify the statements below as true or false by dragging them

Question

Sapling Learning Classify the statements below as true or false by dragging them into the appropriate box. True False It can be mutually beneficial for two nations to specialize in goods for which they have a comparative a A nation will not have a comparative Countries specialize in the production of goods for which they have a comparative advantage dvantage and then trade with also have an absolute advantage one in the production of that good. The and t of has positive net benefitssource of the potential gains Hint

Explanation / Answer

True statements:

1)countries specialize in the production of goods for with they have a comparative advantage

2)It can be mutually beneficial for two nations to specialize in goods for which they have a comparative advantage and then trade with one another

Fales statements:

rest of the three statements are false.

The statement is straight forward and I think no explanations are required.

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