There is more international trade in clothing than in fresh bread. This is likely because O A) No country has an absolute advantage at producing bread O B) No country has a comparative advantage at producing bread C) Shipping bread involves lower trade costs, because bread can go stale D) Shipping bread involves higher trade costs, because bread can go stale

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter28: International Trade
Section: Chapter Questions
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There is more international trade in clothing than in fresh bread. This is likely
because
A) No country has an absolute advantage at producing bread
B) No country has a comparative advantage at producing bread
C) Shipping bread involves lower trade costs, because bread can go stale
D) Shipping bread involves higher trade costs, because bread can go stale
Transcribed Image Text:There is more international trade in clothing than in fresh bread. This is likely because A) No country has an absolute advantage at producing bread B) No country has a comparative advantage at producing bread C) Shipping bread involves lower trade costs, because bread can go stale D) Shipping bread involves higher trade costs, because bread can go stale
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