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    Exam 32: Comparative Advantage and the Open Economy
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    When a Firm Sells Its Good Abroad Below the Cost
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When a Firm Sells Its Good Abroad Below the Cost

Question 278

Question 278

Multiple Choice

When a firm sells its good abroad below the cost of producing the good the firm is


A) using the concept of comparative advantage.
B) dumping.
C) taking advantage of the infant industry argument.
D) taking advantage of absolute advantage.

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