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Suppose England Has a Comparative Advantage Over the United States

Question 66

Multiple Choice

Suppose England has a comparative advantage over the United States in producing tea.If this is true,then:


A) England should produce more tea than it wants and sell the rest to the United States.
B) England should produce a small amount of tea and buy the rest of the tea it wants from the United States.
C) England should not produce tea, and should instead buy it all from the United States.
D) the United States has nothing to gain from buying tea from England.

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