Multiple Choice
Which theory suggests that a country should produce and export those goods and services for which it is relatively more productive than other countries and import those goods and services for which other countries are relatively more productive?
A) relative advantage
B) comparative advantage
C) absolute advantage
D) specialization of countries
Correct Answer:

Verified
Correct Answer:
Verified
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Q24: Which of the following is an assumption
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Q27: Which theory listed below is also called