The theory of comparative advantage implies which of the following?
A) A country with an absolute advantage in a good will necessarily have a comparative advantage in that good.
B) The gains to trade are exactly offset by the losses from trade.
C) Workers in an industry in which the United States does not have a comparative advantage will be hurt if the United States reduces barriers to trade.
D) There are gains to trade for a country as long as that country has a comparative advantage in producing the goods that it imports and exports.
Correct Answer:
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