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Social Studies, 19.09.2021 09:20 chrisgonzv1219
ASAP
If a nation can produce a good or service at a lower cost than any other nation, what can you say about this nation?
(A) It has sanctions on that particular good or service
(B) It has an absolute advantage with regard to that good or service
(C) It has a higher GDP than that of the countries it trades with
(D) It has a favorable import-to-export ratio
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Answers: 3
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