If one producer has the absolute advantage in the production of all goods, then that same producer will have the comparative advantage in the production of all goods as well.

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danielle lewandowski · Accepted Answer

Final Answer : False, Explanation :  Absolute advantage refers to the ability of a party to produce a greater quantity of a good, product, or service than competitors, using the same amount of resources. Comparative advantage, however, involves producing goods at a lower opportunity cost. It is possible for one producer to have an absolute advantage in all goods but still have a comparative advantage in only some, as comparative advantage is determined by which goods can be produced at the lowest relative opportunity cost, not the highest volume.

If one producer has the absolute advantage in the production of all goods, then that same producer will have the comparative advantage in the production of all goods as well.

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