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The Principle of Comparative Advantage Asserts That

Question 12

Multiple Choice

The principle of comparative advantage asserts that


A) not all countries can benefit from trade with other countries.
B) the world price of a good will prevail in all countries,regardless of whether those countries allow international trade in that good.
C) countries can become better off by exporting goods,but they cannot become better off by importing goods.
D) countries can become better off by specializing in what they do best.

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