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Economists View the Fact That Florida Grows Oranges,Texas Pumps Oil,and

Question 3

Multiple Choice

Economists view the fact that Florida grows oranges,Texas pumps oil,and California makes wine as


A) confirmation of the virtues of free trade.
B) confirmation of the infant-industry argument.
C) confirmation that free trade agreements are not necessary.
D) confirmation that specialization in absolute advantage works.

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