Quiz:ECON 1150 - A13 Quiz 10

Question 2 of 10

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If Canada has the same opportunity costs as another country in producing products, then

A.

trade would occur, but only because other countries pay too much for Canada's production.

B.

no trade would occur because Canada would not have a comparative advantage in producing anything.

C.

no trade would occur because Canada would have an absolute advantage in producing everything.

D.

trade would probably take place because Canada would likely have a comparative disadvantage in producing some goods.