Multiple Choice
Which of the following is false?
A) Once a country has a comparative advantage in producing a good, that comparative advantage will always continue.
B) If you can mow the lawn at home faster than your younger brother, you have a comparative advantage over him in mowing the lawn.
C) Restrictions on trade will reduce people's degree of specialization according to comparative advantage.
D) As practice at producing what you have a comparative advantage in makes you better at it, your comparative advantage would tend to increase.
Correct Answer:
Verified
Correct Answer:
Verified
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