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6. Which of the following statements is (are) correct?(x) Comparative advantage is determined by which 6. Which of the following statements is (are) correct?(x) Comparative advantage is determined by which person can produce a good using fewer inputs.(y) Imports are goods produced abroad and sold domestically and exports are goods produced domesticallyand sold abroad.(z) If a country does not have a comparative advantage in the […]

6. Which of the following statements is (are) correct?(x) Comparative advantage is determined by which 6. Which of the following statements is (are) correct?(x) Comparative advantage is determined by which person can produce a good using fewer inputs.(y) Imports are goods produced abroad and sold domestically and exports are goods produced domesticallyand sold abroad.(z) If a country does not have a comparative advantage in the […]

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