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Mexico Has a Comparative Advantage in Producing Corn

Question 73

Multiple Choice

Mexico has a comparative advantage in producing corn:


A) if its opportunity cost of producing corn is higher than the opportunity cost in other countries.
B) if its opportunity cost of producing corn is the same as the opportunity cost in other countries.
C) if its opportunity cost of producing corn is lower than the opportunity cost in other countries.
D) regardless of the opportunity cost in other countries.

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