Suppose belgium produces only two goods chocolate and lace, Business Economics

Suppose belgium produces only two goods chocolate and lace

Suppose Belgium produces only two goods, chocolate and lace. If Belgium has a comparative advantage in lace, a move toward free trade will

a. harm chocolate workers in the short run, benefit lace workers, but benefit the nation as a whole.

b. benefit chocolate workers, harm lace workers in the short run, but benefit the nation as a whole.

c. benefit chocolate workers, harm lace workers in the short run, but harm the nation as a whole.

d. harm chocolate workers in the short run, harm lace workers, but benefit the nation as a whole.

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Business Economics: Suppose belgium produces only two goods chocolate and lace

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Business Economics: Suppose belgium produces only two goods chocolate and lace

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