Suppose France has a comparative advantage in cheese production and Britain has a comparative advantage in bicycle
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Suppose France has a comparative advantage in cheese production and Britain has a comparative advantage in bicycle manufacturing. How would you expect French bicycle manufacturers and British dairy farmers to react to a proposal to reduce trade barriers between Britain and France? (LO1, LO2)
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Related Book For 
Principles Of Microeconomics A Streamlined Approach
ISBN: 9781264058785
4th Edition
Authors: Robert H. Frank
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