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Thailand Has a Comparative Advantage in Rice and an Absolute

Question 9

Multiple Choice

Thailand has a comparative advantage in rice and an absolute advantage in both rice and cell phones. Indonesia has a comparative advantage in cell phones. According to this scenario


A) Indonesia should import both cell phones and rice.
B) Thailand should export both cell phones and rice.
C) Thailand should export rice and import cell phones.
D) Indonesia should export rice and import cell phones.

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