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The Condon (CBS News) article quotes Senator Robert Menendez as saying, There are domestic manufacturers, including New Jersey companies, who want to compete to

 

The Condon (CBS News) article quotes Senator Robert Menendez as saying, "There are domestic manufacturers, including New Jersey companies, who want to compete to make these uniforms. I am confident that they can compete on quality and price and attire our Olympic athletes in ceremonial uniforms made in America, by Americans." Examine this statement incorporating the concepts of comparative and absolute advantage.

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