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China has the comparative advantage

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Reference no: EM131756437

You read in Chapter 16 about the role of specialization in comparative advantage. Think about that in relation to China and the US. In what does the US have a comparative advantage? In what goods or services does China have a comparative advantage? Would it be practical for the US to produce what China has the comparative advantage in? Why or why not?

Reference no: EM131756437

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