Both countries can benefit from trade when:
A) at least one country produces the good for which it has an absolute advantage.
B) each specializes in producing the good for which it has a comparative advantage.
C) each specializes in producing the good for which it has an absolute advantage.
D) there are no trade barriers that are erected by either country.
Correct Answer:
Verified
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A)surplus, leaving both participants better
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A) increase in
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A) firms
B)
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