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    Exam 6: International Trade Theories and Concepts
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    No Change in Technology, No Transport Cost, Constant Returns to Scale
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No Change in Technology, No Transport Cost, Constant Returns to Scale

Question 15

Question 15

Multiple Choice

No change in technology, no transport cost, constant returns to scale - these assumptions make the Comparative Cost advantage theory     -------


A) Dynamic
B) Redundant
C) Static
D) Unacceptable

Correct Answer:

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