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    Managerial Economics
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    Exam 5: Production Theory and Estimation
  5. Question
    A Country That Has a Relative Abundance of Cheap Labor
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A Country That Has a Relative Abundance of Cheap Labor

Question 26

Question 26

True/False

A country that has a relative abundance of cheap labor will tend to have a comparative advantage in the production of goods that are produced using a lot of labor.

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