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Title: Which of the following statements is NOT an implication of the law of comparative advantage? Post by: BrendanOO7 on Nov 14, 2017 Which of the following statements is NOT an implication of the law of comparative advantage?
A) With sufficiently cheap labor, a nation (say China) could have a competitive advantage in producing and selling all goods to other nations. B) Individuals have an economic incentive to specialize in producing goods or services in which they have a comparative advantage. C) No nation can produce all goods comparatively cheaper than other nations. D) All persons trading goods can have more of all goods. Title: Re: Which of the following statements is NOT an implication of the law of comparative advantage? Post by: alani on Nov 14, 2017 Content hidden
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