Solved: You just overheard your friend say the following: Poor countries like Malawi
Chapter 33, Problem 20(choose chapter or problem)
You just overheard your friend say the following: Poor countries like Malawi have no absolute advantages. They have poor soil, low investments in formal education and hence low-skill workers, no capital, and no natural resources to speak of. Because they have no advantage, they cannot benefit from trade. How would you respond?
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