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Author Question: Consider the gains from trade. What is the best definition of "comparative advantage"? (Read 50 times)

Mscarter

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on: Oct 12, 2022
Consider the gains from trade. What is the best definition of "comparative advantage"?
◦ The terms of trade index.
◦ The gains from international trade.
◦ The ability of one region to produce a commodity at a lower opportunity cost than another region.
◦ The ability of one region to produce a commodity with fewer total inputs than another region.
◦ The ability of one region to produce a commodity with less labour input than another region.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Mscarter on Oct 12, 2022

BryanAultm

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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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Mscarter

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

strudel15

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Reply 3 on: Yesterday
Wow, this really help

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