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Can a Nation's Economic and Social Policies Create Absolute Advantage

Question 23

Multiple Choice

Can a nation's economic and social policies create absolute advantage?


A) Yes, if they create the conditions for efficient production relative to competitors.
B) Yes, if they create the conditions for more production.
C) No, if they create the conditions for efficient production relative to competitors.
D) Yes, because they know how create the conditions for efficient production relative to competitors.
E) No, since they cannot create the conditions for efficient production relative to competitors.

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