The benefits to trading nations based on comparative advantage accrue from:

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The benefits of comparative advantage accrue from both specialization and trading. Specialization allows countries to produce goods and services in which they have a comparative advantage, while trading allows them to exchange these goods and services with other countries that have their own comparative advantages. This leads to increased efficiency, higher productivity, and ultimately an increase in overall economic welfare for all countries involved. Protection of domestic industries, on the other hand, can lead to higher prices for consumers and decreased competitiveness in the global market.

The Benefits to Trading Nations Based on Comparative Advantage Accrue