Multiple Choice
Suppose Japan produces only two goods, rice and electronics. If Japan has a comparative advantage in electronics, a move toward free trade will:
A) benefit electronics workers, harm rice workers, but harm the nation as a whole.
B) benefit electronics workers, harm rice workers, but benefit the nation as a whole.
C) harm electronics workers, benefit rice workers, but benefit the nation as a whole.
D) harm electronics workers, harm rice workers, but benefit the nation as a whole.
Correct Answer:
Verified
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