Business, 15.04.2020 03:19 alexandroperez13
Chile is blessed with rich copper deposits. The cost of producing copper (relative to the cost of manufactures) is therefore very low. From this information we know that A. Chile has a comparative advantage in copper. B. Chile should export both manufactures and copper. C. Chile should import copper and export manufactures. D. Depending upon the world relative price of copper, Chile may or may not have a comparative advantage in copper
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