Multiple Choice
Assume that Greece has a comparative advantage in fish and Germany has a comparative advantage in cars. What will happen if these two countries specialize and trade according to their comparative advantage?
A) All individuals in both countries will benefit.
B) Greece will specialize in and export cars.
C) Germany will produce more cars than in the absence of trade.
D) Germany will produce more fish than in the absence of trade.
Correct Answer:

Verified
Correct Answer:
Verified
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