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If the Internal Px/Py Is Lower in Nation 1 Than

Question 4

Multiple Choice

If the internal Px/Py is lower in nation 1 than in nation 2 without trade:


A) nation 1 has a comparative advantage in commodity Y
B) nation 2 has a comparative advantage in commodity X
C) nation 2 has a comparative advantage in commodity Y
D) none of the above

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