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PPF - Comparative Advantage and Trade
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Problem 10
PPF - Comparative Advantage and Trade
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2. Introductory Economic Models / PPF - Comparative Advantage and Trade / Problem 5
Problem 5
Which of the following best describes specialization in trade?
A
Producing all goods equally to avoid dependency.
B
Producing goods with the highest absolute advantage.
C
Producing goods with the highest market demand.
D
Focusing on the production of goods where a country has a comparative advantage.
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