Multiple Choice
India has a comparative advantage compared to Spain in the production of clothing if
A) India can produce clothing at a lower monetary cost than Spain can.
B) India can produce clothing using fewer resources than Spain can.
C) the demand for clothing is higher in India than in Spain.
D) India can produce clothing at a lower cost in terms of other goods than Spain can.
Correct Answer:

Verified
Correct Answer:
Verified
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