By implementing policies called for by the theory of comparative advantage, what is meant to happen between the two countries?
A) One country is able to out produce and sell more than the other country
B) Production increases in one country while consumption decreases in the other
C) Consumption drops in both countries while production remains constant
D) Consumption increases in both countries
Correct Answer:
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Q18: In economic terms, the balance of trade
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A)
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