trade specialize in production based on:     A)  relative inflation rates.   B)  relative exchange rates.   C)  comparative advantage.   D)  relative levels of GDP.

Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter19: International Trade
Section: Chapter Questions
Problem 4QFR
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Countries engaged in international trade specialize in production based on:

 
 

A) 

relative inflation rates.

 

B) 

relative exchange rates.

 

C) 

comparative advantage.

 

D) 

relative levels of GDP.

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