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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 44
In order for trade between two countries to take place, -----.
A) absolute advantage is necessary
B) comparative advantage is necessary
C) both absolute and comparative advantage are necessary
D) neither absolute nor comparative advantage is necessary
A) absolute advantage is necessary
B) comparative advantage is necessary
C) both absolute and comparative advantage are necessary
D) neither absolute nor comparative advantage is necessary
Explanation
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Comparative advantage is necessary for t...
Microeconomics 9th Edition by Stephen Slavin
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