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Introducing Concepts - Trade Deficit and Surplus
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Problem 10
Introducing Concepts - Trade Deficit and Surplus
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10. Introducing Economic Concepts / Introducing Concepts - Trade Deficit and Surplus / Problem 7
Problem 7
What is the principle of comparative advantage?
A
Producing goods with the highest quality.
B
Producing all goods domestically without trade.
C
Producing goods at a higher cost than other countries.
D
Producing goods at a lower opportunity cost than other countries.
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