If the world price of textiles is higher than Vietnam\'sdomestic price of textil

Question

If the world price of textiles is higher than Vietnam'sdomestic price of textiles without trade, then Vietnam a. should import textiles. b.has a comparative advantage in textiles c.should produce just enough textiles to meet its domesticdemand d.should refrain altogether from producing textiles If the world price of textiles is higher than Vietnam'sdomestic price of textiles without trade, then Vietnam a. should import textiles. b.has a comparative advantage in textiles c.should produce just enough textiles to meet its domesticdemand d.should refrain altogether from producing textiles

Explanation / Answer

b.has a comparative advantage in textiles
Which in turn means Vietnam should export textile and producethem.

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