A country can gain by importing a good that it can make itself if
A) this enables the country to make another good in which it is extremely efficient.
B) it has an absolute disadvantage in the good.
C) this permits the country to establish comparative advantage in the good.
D) All of the above are correct.
Correct Answer:
Verified
Q11: Is it possible for a country to
Q110: Figure 34-3 Q111: Figure 34-6 Q112: Figure 34-6 Q113: What would be the output combination for Q115: Figure 34-2 Q116: The way in which a country benefits Q117: Suppose that with 1 unit of labor, Q118: Suppose that the United States can make Q119: Figure 34-2 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents