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    Exam 16: Comparative Advantage and the Open Economy
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    A Country Will Specialize in That Good in Which
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A Country Will Specialize in That Good in Which

Question 61

Question 61

Multiple Choice

A country will specialize in that good in which


A) it has absolute advantage.
B) it has a moderate cost of production.
C) it can produce at minimum average cost.
D) it has comparative advantage.

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