When Countries Specialize in Producing Those Goods in Which They

question 85

Multiple Choice

When countries specialize in producing those goods in which they have a comparative advantage, they

• A) maximize their combined output, but they do not necessarily allocate their resources more efficiently.
• B) maximize their combined output and allocate their resources more efficiently.
• C) allocate their resources more efficiently, but they do not necessarily maximize their combined output.
• D) do not necessarily maximize their combined output, and they also do not necessarily allocate their resources more efficiently.

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Definitions:

Citizens United v. Federal Election Commission

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