Comparative advantage is defined as

A) producing all goods at lower opportunity costs than other countries can.
B) producing more output of all goods than anyone else can.
C) producing one good at a lower opportunity cost than another country can.
D) the ability to produce more output from given inputs than anyone else can.

C

Economics

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Skillbiased technological changes:

a. benefit educated workers more than uneducated workers. b. benefit all workers equally. c. benefit uneducated workers more than educated workers. d. benefit no workers.

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Describe the Clayton Act

What will be an ideal response?

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