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    Exam 32: Comparative Advantage and the Open Economy
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    If There Are Two Goods and Two Countries, Then One
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If There Are Two Goods and Two Countries, Then One

Question 79

Question 79

Multiple Choice

If there are two goods and two countries, then one country can have


A) an absolute advantage in only one good.
B) an absolute advantage in both goods.
C) a higher opportunity cost of producing both goods.
D) a lower opportunity cost of producing both goods.

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