Which of the Following Is a True Statement

question 201

Multiple Choice

Which of the following is a true statement?

• A) Comparative advantage explains trade within nations, but not among nations.
• B) Comparative advantage explains trade among nations, but not within nations.
• C) Comparative advantage has nothing to do with trade among nations; it only is concerned with specialization within a firm.
• D) Comparative advantage explains trade within nations and among nations.

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