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  3. Study Set
    Principles of Macroeconomics Study Set 8
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    Exam 3: Interdependence and the Gains From Trade: Applications of Comparative Advantage
  5. Question
    When a Country Has a Comparative Advantage in Producing a Certain
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When a Country Has a Comparative Advantage in Producing a Certain

Question 3

Question 3

Multiple Choice

When a country has a comparative advantage in producing a certain good,


A) the country should import that good.
B) the country should produce just enough of that good for its own consumption.
C) the country's opportunity cost of that good is high relative to other countries' opportunity costs of that same good.
D) None of the above is correct.

Correct Answer:

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