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    International Economics Study Set 9
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    Exam 2: Trade and Technology: The Ricardian Model
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    In Trade, If a Nation Has the Technology to Produce
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In Trade, If a Nation Has the Technology to Produce

Question 88

Question 88

Multiple Choice

In trade, if a nation has the technology to produce a good with fewest resources (such as Germany's production of snowboards) , it is known as a(n) :


A) absolute advantage.
B) technology advantage.
C) comparative advantage.
D) resource advantage.

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