Economic Theory States That Losing Comparative Advantage in One Good

question 86

Multiple Choice

Economic theory states that losing comparative advantage in one good means creating a comparative advantage in another.This suggests that:

• A)those who experience the transition may find it difficult in the short run.
• B)it can be seen as a success in the long run.
• C)outsourcing can be good overall for a society.
• D)All of these statements are true.

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