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QUESTION:
If a nation has a comparative advantage in the production of a good, ________.
a. it can produce that good at a lower opportunity cost than its trading partner
b. it can produce that good using fewer resources than its trading partner
c. it can benefit by restricting imports of that good
d. it must be the only country with the ability to produce that good
e. none of the answer choices are correct
ANSWER:
a. it can produce that good at a lower opportunity cost than its trading partner
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