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The Country with a Comparative Advantage in Production of a Good

Question 54

Multiple Choice

The country with a comparative advantage in production of a good or service is the country with the


A) absolute advantage in production of that good or service.
B) absolute advantage in production of some other good or service.
C) lowest opportunity cost of producing that good or service.
D) ability to produce the larges quantity of that good or service.

Correct Answer:

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