Multiple Choice
Suppose England has a comparative advantage over the United States at producing tea. If this is true, then:
A) England should produce more tea than it wants and sell the rest to the United States.
B) England should produce a small amount of tea and buy the rest of the tea it wants from the United States.
C) England should buy all of the tea it wants from the United States.
D) the United States has nothing to gain from buying tea produced by England.
Correct Answer:

Verified
Correct Answer:
Verified
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