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Author Question: International trade permits a country to (Read 70 times)

ncasson210

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on: Oct 12, 2022

Question 1

Consider the sources of the gains from international trade. Economies of scale and product differentiation can provide an explanation for
◦ the imposition of trade barriers.
◦ absolute advantage.
◦ countries trading in completely different products.
◦ intra-industry trade.
◦ countries remaining at their autarkic positions.

Question 2

International trade permits a country to
◦ consume beyond its production possibilities boundary.
◦ increase its absolute advantage for its imported goods.
◦ expand its production possibilities while holding constant its consumption possibilities.
◦ produce and consume beyond its production possibilities boundary.
◦ shift its production possibilities boundary outward.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by ncasson210 on Oct 12, 2022

reason44

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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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ncasson210

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Reply 2 on: Oct 12, 2022
Excellent

Dominic

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

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