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    Macroeconomics Study Set 38
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    Exam 19: International Trade
  5. Question
    If a Country Is Better at Producing All Goods, It
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If a Country Is Better at Producing All Goods, It

Question 20

Question 20

Multiple Choice

If a country is better at producing all goods, it has a(n) :


A) trade deficit.
B) comparative advantage.
C) absolute advantage.
D) trade surplus.
E) None of these answers is correct.

Correct Answer:

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