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AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 86 Topic 9 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 86 Topic 9 Discussion

GLO_CWM_LVL_1 Exam Topic 9 Question 86 Discussion:
Question #: 86
Topic #: 9

A country has an “absolute advantage” in two products with respect to another country. Can it gain by trading with the other country?


A.

No


B.

Yes, if the other country has comparative advantage in one particular product


C.

Yes, under all circumstances


D.

None of the above


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