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The Discovery of a Significant New Source of Oil That

Question 70

Multiple Choice

The discovery of a significant new source of oil that can be exported will lead to:


A) depreciation of the currency and a loss of comparative advantage in other sectors.
B) depreciation of the currency and a gain of comparative advantage in other sectors.
C) appreciation of the currency and a loss of comparative advantage in other sectors.
D) appreciation of the currency and a gain of comparative advantage in other sectors.

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