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PPF - Comparative Advantage and Trade
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PPF - Comparative Advantage and Trade
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2. Introductory Economic Models / PPF - Comparative Advantage and Trade / Problem 2
Problem 2
What is the impact of trade on a country's resource allocation?
A
It has no impact on resource allocation.
B
It restricts resource allocation to a single good.
C
It decreases the variety of goods available for consumption.
D
It allows for more efficient resource allocation.
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