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    Economics Today Study Set 1
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    Exam 32: Comparative Advantage and the Open Economy
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    The Ability to Produce a Good or Service at a Lower
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The Ability to Produce a Good or Service at a Lower

Question 185

Question 185

Multiple Choice

The ability to produce a good or service at a lower opportunity cost than other producers is


A) absolute advantage.
B) comparative advantage.
C) opportunity advantage.
D) special advantage.

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