Multiple Choice
Table 3-3
-Refer to Table 3-3.If the US and Europe trade according to the principle of comparative advantage:
A) the US will export cars and Europe will export aeroplanes
B) the US will export aeroplanes and Europe will export cars
C) the US will export cars and Europe will export cars
D) the US will export aeroplanes and Europe will export aeroplanes
Correct Answer:
Verified
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