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Business, 02.12.2020 21:30 jessb9583

Country X would have a comparative advantage in the production of cotton under what circumstance?
A. Country X was able to impose a high tariff on cotton imported
from other countries,
B. Country X could sell cotton more cheaply in the international
marketplace than any other country,
C. Country X didn't have to give up a more profitable form of
production in order to grow cotton
D. Country X had a large domestic textile and apparel industry that
could use the cotton

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Answers: 1

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Country X would have a comparative advantage in the production of cotton under what circumstance?
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