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Farmland has a comparative advantage in wheat, and Mobilia has a comparative advantage in cars. With free trade, the price of wheat will a.fall in
Farmland has a comparative advantage in wheat, and Mobilia has a comparative advantage in cars. With free trade, the price of wheat will
a.fall in Farmland and rise in Mobilia.
b.rise in both Farmland and Mobilia.
c.rise in Farmland and fall in Mobilia.
d.fall in both Farmland and Mobilia.
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