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    International Economics Study Set 3
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    Exam 3: The Classical Model of International Trade
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    In the Classical Model, the Direction of Trade Is Determined
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In the Classical Model, the Direction of Trade Is Determined

Question 17

Question 17

Multiple Choice

In the classical model, the direction of trade is determined by


A) absolute advantage.
B) comparative advantage.
C) physical advantage.
D) which way the wind blows.

Correct Answer:

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