Econ question?

The United States can't gain from trading with Canada, because their economy is so big that they can produce all goods more efficiently than Canada." Is this a valid claim? Explain from either Counties perspective.

2 Answers

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  • Oiy
    Lv 4
    3 weeks ago

    No, it's not. For example, Canada cannot produce good foods. There are many goods and services which Canada and the US have different comparative advantages.

  • Anonymous
    3 weeks ago

    No essay questions please.

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