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Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364

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BuyFindarrow_forward

Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364
Textbook Problem

Are differences in geography behind the differences in absolute advantages?

To determine

The geographical factor behind the differences in absolute advantages.

Explanation

The difference in geography can be a source of absolute advantage but it is not the only source. It can be explained by describing that when a country is in order to start producti...

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