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    International Economics Study Set 9
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    Exam 2: Trade and Technology: The Ricardian Model
  5. Question
    Comparative Advantage in Production of a Product Is Reflected In
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Comparative Advantage in Production of a Product Is Reflected In

Question 101

Question 101

Multiple Choice

Comparative advantage in production of a product is reflected in:


A) a lower relative price.
B) a lower opportunity cost.
C) higher labor productivity.
D) a lower relative price and a lower opportunity cost.

Correct Answer:

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