Microeconomics: Principles, Applications, and Tools (8th Edition)

by O'Sullivan, Arthur; Sheffrin, Steven; Perez, Stephen

Published by Prentice Hall

ISBN 10: 0-13294-886-9

ISBN 13: 978-0-13294-886-9

Chapter 18 - International Trade and Public Policy - Exercises - 18.1 Benefits from Specialization and Trade - Page 426: 1.4

Answer

false

Work Step by Step

A country will not always export the good that it has an absolute advantage. It depends on the comparative advantage. A country would prefer less opportunity cost rather than less input cost.

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