Economics · International Trade

Under which of the following cost differences would international trade NOT take place between two countries?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1All of these
2Absolute cost difference
3Comparative cost difference
4Equal cost difference✓

Correct answer

Equal cost difference

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Under which of the following cost differences would international trade NOT take place between two countries?

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Under which of the following cost differences would international trade NOT take place between two countries?

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