Business, 23.03.2020 23:58 madisontrosclair2
In a two-country, two-product world, the statement "Germany enjoys a comparative advantage over France in autos relative to ships" is equivalent to:
A. France having a comparative disadvantage compared to Germany in autos and ships.
B. Germany having a comparative advantage over France in autos and ships.
C. France having no comparative advantage over Germany.
D. France should produce autos. France having a comparative advantage over Germany in ships.
Answers: 1
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In a two-country, two-product world, the statement "Germany enjoys a comparative advantage over Fran...
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