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The Table Given Below Represents Butter and Ham Production by Two

Question 79

Multiple Choice

The table given below represents butter and ham production by two countries Norway and Sweden.Table 2.5
The table given below represents butter and ham production by two countries Norway and Sweden.Table 2.5    -The concept of comparative advantage applies: A) only to people with at least a high school diploma. B) only to people who are currently employed. C) to situations in which you have information about the salary levels of those with whom you are competing for a job. D) to every case of trade or exchange. E) only to goods that are sold in the domestic market.
-The concept of comparative advantage applies:


A) only to people with at least a high school diploma.
B) only to people who are currently employed.
C) to situations in which you have information about the salary levels of those with whom you are competing for a job.
D) to every case of trade or exchange.
E) only to goods that are sold in the domestic market.

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