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China Is Able to Produce Wheat Relatively Less Inefficientlythan It

Question 20

Multiple Choice

China is able to produce wheat relatively less inefficientlythan it is able to produce aircraft.By letting China specialize in the production of wheat an importing some wheat from China,the United States is able to devote its resources to aircraft.In this example,the United States is:


A) utilizing strategic government intervention
B) gaining first-mover advantage
C) leveraging absolute advantage
D) leveraging comparative advantage

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