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The Theory of Comparative Advantage States That a Nation Can

Question 29

Multiple Choice
The theory of comparative advantage states that a nation can gain from international trade ONLY if it:

The theory of comparative advantage states that a nation can gain from international trade ONLY if it:


A) supplies products that other nations don't produce.
B) has a disadvantage against other nations in the production of particular goods.
C) produces the best of everything.
D) exports products at a lower cost than other nations.
E) none of the above.

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