A country should never produce a good in which it has a comparative advantage.
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Q76: The labor theory of value assumes that
Q77: Comparative advantage only applies to international trade.
Q78: If the dollar cost of labor in
Q79: If wages in Malaysia are lower than
Q80: A country with high wages cannot compete
Q82: A country should never export a product
Q83: The dynamic gains from trade and the
Q84: The static gains from trade are the
Q85: The dynamic gains from trade are especially
Q86: Since the dynamic gains from trade cannot
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