Question
If the US can make toys more efficiently than China, then according to Smith and Ricardo, why does the US import toys from China?
If the US can make toys more efficiently than China, then according to Smith and Ricardo, why does the US import toys from China?
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Managerial Economics Theory Applications and Cases
Authors: Bruce Allen, Keith Weigelt, Neil A. Doherty, Edwin Mansfield
8th edition
978-0393124491, 393124495, 978-0039391277, 393912779, 978-0393912777
