If uzbekistan and azerbaijan each spends all its time producing the good in which it has a comparative advantage and trade takes place at a price of 12 bolts for 36 nails, then
If trade takes place at a price of 12 bolts for 36 nails
while Uzbekistan and Azerbaijan each spends all its time producing the good in
which it has a comparative advantage, then both Uzbekistan and Azerbaijan will
gain from this trade.
