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    Macroeconomics A Contemporary Introduction Study Set 1
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    Exam 17: International Trade
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    In Determining Comparative Advantage,the Cost of Producing a Good Is
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In Determining Comparative Advantage,the Cost of Producing a Good Is

Question 6

Question 6

Multiple Choice

In determining comparative advantage,the cost of producing a good is measured in terms of:


A) foreign currency.
B) domestic currency.
C) only gold.
D) marginal cost of the resources employed.
E) opportunities forgone.

Correct Answer:

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