Economic Theory States That Losing a Comparative Advantage at Producing

Multiple Choice

Economic theory states that losing a comparative advantage at producing one good means creating a comparative advantage at producing another. As an economy transitions from producing one good to producing another good:

A) those who must transition from the production of one good to the production of another good may find the transition difficult in the short run.
B) the transition can be seen as a success in the short run.
C) outsourcing will always be good for every member of a society.
D) no one will complain in the short run, but in the long run people may not like the transition.