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If the opportunity cost of production rises as more of a good is produced, A.a country may not specialize completely in the goods in which
If the opportunity cost of production rises as more of a good is produced,
- A.a country may not specialize completely in the goods in which it has comparative advantage
- B.a country will specialize in producing only those goods in which it has a comparative advantage
- C.a country should produce any good in which it has an absolute advantage
- D.the terms of trade will be independent of opportunity costs
- E.the production possibilities curve will be a straight line
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