Which of the following situations would MOST likely lead to an import of copper?
A) a tariff placed on copper
B) an absolute disadvantage in the production of copper compared to other nations
C) an absolute advantage in the production of copper by other nations
D) a comparative advantage in the production of copper by other nations
Correct Answer:
Verified
Q194: Suppose that if the United States produced
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Q201: One of the major limits to trade
Q202: When two countries gain from trade:
A) one
Q203: Use the following to answer questions
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Q204: What is one of the risks involved
Q205: Two countries will benefit from trade if
A)
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