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Mexico has a comparative advantage in producing corn:

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Mexico has a comparative advantage in producing corn;A) if its opportunity cost of producing corn is higher than the opportunity cost in other countries.;B) if its opportunity cost of producing corn is the same as the opportunity cost in other countries.;C) if its opportunity cost of producing corn is lower than the opportunity cost in other countries.;D) regardless of the opportunity cost in other countries.

 

Paper#31022 | Written in 18-Jul-2015

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