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When Countries Specialize in Producing Those Goods in Which They

Question 85

Multiple Choice

When countries specialize in producing those goods in which they have a comparative advantage, they


A) maximize their combined output, but they do not necessarily allocate their resources more efficiently.
B) maximize their combined output and allocate their resources more efficiently.
C) allocate their resources more efficiently, but they do not necessarily maximize their combined output.
D) do not necessarily maximize their combined output, and they also do not necessarily allocate their resources more efficiently.

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