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When a Country Loses Its Comparative Advantage in the Production

Question 29

Multiple Choice

When a country loses its comparative advantage in the production of a good:


A) it should stop trading and become self-sufficient.
B) it will gain the comparative advantage in the production of another good.
C) it will become a loser in trade in the long run.
D) it will still have the absolute advantage in the production of the good.

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