Given that two countries (A and B) each specialize in the production of one good and voluntarily trade it for the other country's good, then:

Question

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Both countries will experience positive gains from trade as it allows them to allocate their resources efficiently and produce the good they specialize in at a lower opportunity cost than the other good. This leads to an increase in total output and trade allows both countries to consume a greater variety of goods at a lower cost than would be possible through self-sufficiency.

Given That Two Countries (A and B) Each Specialize in the Production