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    Microeconomics Study Set 8
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    Exam 13: Comparative Advantage and the Gains From International Trade
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    Countries That Engage in Trade Will Tend to Specialise in the Production
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Countries That Engage in Trade Will Tend to Specialise in the Production

Question 73

Question 73

Multiple Choice

Countries that engage in trade will tend to specialise in the production of goods and services in which they have ________ and will ________ these goods and services.


A) a comparative advantage; import
B) an absolute advantage; export
C) a comparative advantage; export
D) an absolute advantage; import

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