Once a Country Has a Comparative Advantage in the Production

question 308

Multiple Choice

Once a country has a comparative advantage in the production of a good

• A) the country loses its absolute advantage in the production of the good.
• B) other countries can equal but not gain a comparative advantage in the production of the good.
• C) other countries might be able to gain the comparative advantage in that good through a process called learning- by- doing.
• D) None of the above answers is correct.

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