Question
Suppose Greece has a comparative advantage in fish, and Germany has a comparative advantage in cars. If these two countries specialize and trade according to
B. Germany will increase its production of cars relative to the no-trade situation.
C. Germany will increase its production of fish relative to the no-trade situation.
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Economics
Authors: R. Glenn Hubbard
6th edition
978-0134797731, 134797736, 978-0134106243
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