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    Economics Principles and Policy Study Set 2
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    Exam 34: International Trade and Comparative Advantage
  5. Question
    If a Nation Has "Cheap Labor
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If a Nation Has "Cheap Labor

Question 34

Question 34

Multiple Choice

If a nation has "cheap labor,"


A) it can still benefit from trade.
B) other nations can still compete with it.
C) it cannot have a comparative advantage in everything.
D) All of the above are true.

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