Explain how trade between two different countries is similar to trade occurring within a country.
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Q41: When people specialize in the activity in
Q43: Exhibit 1-2 Q48: Exhibit 1-2 Q48: _ must exist in order for gains Q50: Trade enables people to specialize in activities Q55: International trade exists only when a country Q55: Trade always results in a gain for Q56: As a result of economic interaction, Q57: A division of labor occurs when some Q57: Production can be increased whenever people
A)the number
A)engage in
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