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    Exam 32: The Gains From International Trade
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    A Country That Engages in No Foreign Trade Is Said
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A Country That Engages in No Foreign Trade Is Said

Question 101

Question 101

Multiple Choice

A country that engages in no foreign trade is said to be in a situation of


A) comparative advantage.
B) absolute advantage.
C) reciprocal absolute advantage.
D) autarky.
E) isolation.

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