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Author Question: Consider the possibility of trade between countries. When opportunity costs differ between countries, (Read 94 times)

emoedee

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on: Oct 12, 2022
Consider the possibility of trade between countries. When opportunity costs differ between countries,
◦ specialization and trade can lead to increases in the production of all commodities.
◦ only the smaller countries will benefit from trade.
◦ each country should produce only those goods for which it has an absolute advantage.
◦ only the larger countries will benefit from trade.
◦ comparative advantages may not exist.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by emoedee on Oct 12, 2022

KAyteeBee1129

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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emoedee

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

Chelseyj.hasty

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Reply 3 on: Yesterday
Excellent

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