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Country a Has a Comparative Advantage Compared to Country B

Question 149

Multiple Choice

Country A has a comparative advantage compared to Country B in the production of shoes if


A) Country A can produce shoes at a lower monetary cost than Country B can.
B) Country A can produce shoes using fewer resources than Country B can.
C) the demand for shoes is higher in Country A than in Country B.
D) Country A can produce shoes at a lower cost in terms of other goods than Country B can.

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