A Nation Will Export the Product in Which It Has

question 150

Multiple Choice

A nation will export the product in which it has a comparative advantage,
Which results from the good being relatively ____ than in the importing
Nation.

• A)cheaper
• B)more expensive
• C)lower in quality
• D)less available

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Definitions:

Compromise

A solution to a disagreement where all parties involved agree to concessions to reach a mutually acceptable outcome.