Economics (MindTap Course List)
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Economics (MindTap Course List)
If a country can produce more of all of its goods than any other country can, would it benefit front specializing and trading? Explain your answer.
The benefit associated with a country, after entering into trade.
Suppose Country A has an absolute advantage in the production of its goods than any other country, then it would benefit from specializing and trading. Â This is because after specialization and trade, Country A can produce more units of the speciali...
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