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When the Factors of Production Are Immobile Between Countries

Question 3

Multiple Choice

When the factors of production are immobile between countries:


A) it is difficult to conduct trade with another country.
B) specialization is faster in developing countries.
C) specialization is faster in developed countries.
D) trade is not based on comparative advantage.
E) one country's factor endowments can differ from another country's factor endowments.

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