Using the same amount of resources, suppose that Nicaragua can produce twice as much coffeecoffee as Colombia. Nevertheless, Colombia could still have the comparative advantage in producing coffeecoffee if A. it is even less efficient than Nicaragua in the production of goods other than coffeecoffee. B. it negotiates trade agreements that assign it the comparative advantage in coffeecoffee. C. its currency is more than double the value of Nicaragua's currency. D. its productivity in wheatwheat is twice the productivity Nicaragua possesses in wheatwheat.
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Home » Social Studies » Using the same amount of resources, suppose that Nicaragua can produce twice as much coffeecoffee as Colombia. Nevertheless, Colombia could still have the comparative advantage in producing coffeecoffee if A.