Multiple Choice
If wages are higher in the United States than in Brazil, then:
A) trade is still beneficial to the United States and Brazil.
B) Brazil will not have a comparative advantage in the production of any good.
C) the United States cannot have a comparative advantage in the production of any good.
D) trade with Brazil will clearly lower wages in the United States.
Correct Answer:
Verified
Correct Answer:
Verified
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