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According to the Ricardian Principle of Comparative Advantage

Question 72

Multiple Choice

According to the Ricardian principle of comparative advantage,
International trade increases a nation's total output because:


A) the nation's resources are used where they are most productive.
B) the output of the nation's trading partner declines.
C) the nation can produce to the exterior of its production possibilities frontier.
D) the nation is able to increase its consumption.

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