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Which of the following statements is TRUE about IBM's sale of its computer manufacturing business to Lenovo?

jtfortwengler

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Which of the following statements is TRUE about IBM's sale of its computer manufacturing business to Lenovo?

Which of the following statements is TRUE about IBM's sale of its computer manufacturing business to Lenovo?

▸ The sale happened as IBM lost its absolute advantage in computer manufacturing.

▸ The sale happened as Lenovo gained an absolute advantage in computer manufacturing.

▸ The sale allowed IBM and Lenovo to specialize in their workers' comparative advantages.

▸ The sale hurt IBM in the longer run.

Textbook

Macroeconomics

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

Read 33 times

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roman91

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