In what did south have a comparative advantage

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Q. Before Civil War, South graded with North and with England. It sold cotton and bought manufactured goods and food. During war, one of Lincoln's first actions was to blockade ports, which prevented this trade. South had to increase its production of munitions and food.

a. IN what did South have a comparative advantage?

b. Did Civil War change any opportunity costs in South? Did opportunity cost of everything rise? Or did items cost less?

Reference no: EM1372380

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