Assume,for Canada,that the domestic price of wheat without international trade is lower than the world price of wheat.This suggests that,in the production of wheat,
A) Canada has a comparative advantage over other countries and Canada will export wheat.
B) Canada has a comparative advantage over other countries and Canada will import wheat.
C) other countries have a comparative advantage over Canada and Canada will export wheat.
D) other countries have a comparative advantage over Canada and Canada will import wheat.
Correct Answer:
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