Solved

If Two Countries Implement the Policies Called for by the Theory

Question 16

Multiple Choice

If two countries implement the policies called for by the theory of comparative advantage, what will happen?


A) One country will be able to outproduce, and sell more, than the other country.
B) Production will increase in one country, while consumption will decrease in the other.
C) Consumption will drop in both countries while production will remain constant.
D) Consumption will increase in both countries.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents