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8 Mar 2021
The fundamental force driving international trade is comparative:
A. Advantage: a country exports those goods that have high prices
B. Abundance: the country that produces more than it needs exports the good
C. Advantage: the country with the lower opportunity cost of production exports the good
D. Cost: a country trades with other countries that produce cheaper goods
The fundamental force driving international trade is comparative:
A. Advantage: a country exports those goods that have high prices
B. Abundance: the country that produces more than it needs exports the good
C. Advantage: the country with the lower opportunity cost of production exports the good
D. Cost: a country trades with other countries that produce cheaper goods
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