The law of comparative advantage states that
a. nations should never import goods, but only ex...
Social Studies, 31.01.2020 21:02, kiarasanchez17
The law of comparative advantage states that
a. nations should never import goods, but only export goods.
b. nations should only produce goods which they have available natural resources for.
c. a nation is better off when it produces goods and services that it has an absolute advantage in producing.
d. a nation is better off when it produces goods and services that it has a comparative advantage in producing.
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