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The Right Decision About What to Produce and Who to Trade

Question 9

Multiple Choice

The right decision about what to produce and who to trade with happens:


A) almost entirely by market decisions automatically.
B) when governments publish comparative advantage numbers.
C) only after firms research the cost of inputs such as labor and raw materials, and the sale prices of different goods you could produce, and calculate the most profitable option.
D) governments from different countries get together to decide on trade.

Correct Answer:

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