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2. Introductory Economic Models
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Problem 1
Problem 2
Problem 3
Problem 4
Problem 5
Problem 6
Problem 7
Problem 8
Problem 9
Problem 10
Problem 11
Problem 12
Problem 13
Problem 14
Problem 15
2. Introductory Economic Models
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2. Introductory Economic Models / PPF - Comparative Advantage and Trade / Problem 12
Problem 12
How can comparative advantage lead to mutual benefits in international trade?
A
By allowing countries to produce all goods more efficiently
B
By eliminating trade barriers
C
By reducing the need for trade agreements
D
By enabling countries to specialize in goods where they have a lower opportunity cost
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