Which of the following is a downside for country that reduces its barriers to trade?
A) Prices of the goods in which the country has a comparative advantage will likely increase.
B) Prices of the goods in which the country does not have a comparative advantage will likely increase.
C) Unemployment in the sectors in which the country has a comparative advantage will likely increase.
D) Unemployment in the sectors in which the country does not have a comparative advantage will likely increase.
Correct Answer:
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