Question and answer
When countries specialize according to their comparative advantage, A.it is possible to increase world output of all goods.B.it is possible to increase world output of some goods only by reducing the output of others.C.one country is likely to gain from trade while others lose. D.all countries will lose from trade.
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When countries specialize according to their comparative advantage, it is possible to increase world output of all goods.
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Asked 42 days ago|6/24/2021 2:48:15 AM
Updated 42 days ago|6/24/2021 3:08:02 AM
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Added 42 days ago|6/24/2021 3:06:46 AM
Deleted by mary_jean [6/24/2021 3:07:04 AM], Undeleted by mary_jean [6/24/2021 3:07:09 AM], Deleted by mary_jean [6/24/2021 3:07:10 AM], Undeleted by mary_jean [6/24/2021 3:07:10 AM], Deleted by mary_jean [6/24/2021 3:07:11 AM], Undeleted by mary_jean [6/24/2021 3:07:30 AM], Deleted by mary_jean [6/24/2021 3:07:31 AM], Undeleted by mary_jean [6/24/2021 3:07:32 AM], Deleted by mary_jean [6/24/2021 3:07:32 AM]
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When countries specialize according to their comparative advantage, it is possible to increase world output of all goods.
Added 42 days ago|6/24/2021 3:05:33 AM
This answer has been confirmed as correct and helpful.
Confirmed by matahari [6/24/2021 3:14:43 AM], Rated bad by Arix
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It is possible to boost the global output of all goods when countries specialize according to comparative advantage.

Added 42 days ago|6/24/2021 3:08:02 AM
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When countries specialize according to their comparative advantage,
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Updated 42 days ago|6/24/2021 3:07:41 AM
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When countries specialize according to their comparative advantage, it is possible to increase world output of all goods.
Added 42 days ago|6/24/2021 3:07:41 AM
This answer has been confirmed as correct and helpful.
Confirmed by matahari [6/24/2021 3:27:17 AM], Rated bad by Amy100
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