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Author Question: Two nations want to engage in trade but discover that one of them is more efficient in producing all ... (Read 14 times)

Tiffanyanne824

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on: Oct 12, 2022
Two nations want to engage in trade but discover that one of them is more efficient in producing all goods. In this case,
◦ no trade is possible.
◦ the more efficient country should produce all goods and export them.
◦ the less efficient country should engage in importation of goods only.
◦ the more efficient country should import all goods.
◦ each nation should export the good in which it has a comparative advantage.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Tiffanyanne824 on Oct 12, 2022

bobbbbb

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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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Tiffanyanne824

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Reply 2 on: Oct 12, 2022
Excellent

epscape

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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