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Q. |
The basic of international trade according to Ricardo is that |
A. | A country will export those commodities in which its comparative production costs are high or will import those commodities in which its comparative production costs are less |
B. | A country will import those commodities in which its comparative production cost are the same with other countries |
C. | A country will export those commodities in which its comparative production costs are less or will import those commodities in which its comparative production costs are high |
D. | A country will export those commodities in which its comparative production |
Answer» C. A country will export those commodities in which its comparative production costs are less or will import those commodities in which its comparative production costs are high |
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