When the world price of some good is above the domestic


When the world price of some good is above the domestic price (before trade), then after trade, that nation will likely be:

A: exporting that item and importing whatever it produces at an absolute disadvantage.

B: exporting that item and importing whatever it produces at a comparative disadvantage

C: importing that item and exporting whatever it produces at a comparative advantage

D: importing that item and exporting whatever it produces at an absolute advantage

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Business Economics: When the world price of some good is above the domestic
Reference No:- TGS01289705

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