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Finland Allows Trade with the Rest of the World

Question 40

Multiple Choice

Finland allows trade with the rest of the world.We can determine whether Finland has a comparative advantage in producing pork if we


A) know whether Finland imports or exports pork.
B) compare the world price of pork to the price of pork that would prevail in Finland if trade with the rest of the world were not allowed.
C) compare the quantity of pork consumed in Finland with the quantity of pork that would be consumed in Finland if trade with the rest of the world were not allowed.
D) All of the above are correct.

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