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Comparative Advantage in Production Is Achieved by

Question 9

Multiple Choice

Comparative advantage in production is achieved by


A) Subsidizing,specializing,and lowering the price of an exported good.
B) Being able to produce a good with fewer inputs than in other countries.
C) Having terms of trade that are better than the terms of trade faced in other countries.
D) Having a lower opportunity cost of producing a good relative to that of other countries.

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