[Solved] Economic Theory States That Losing Comparative Advantage in One Good

Question 125
Multiple Choice

Economic theory states that losing comparative advantage in one good means creating a comparative advantage in another. This suggests that:

A) those who experience the transition may find it difficult in the short run.
B) it can be seen as a success in the short run.
C) outsourcing will always be good for every member of a society.
D) in the long run people may not like it, but no one will complain in the short run.

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