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Business, 20.01.2020 20:31 risolatziyovudd

If there is no comparative advantage in the production of either of the two goods produced by countries 1 and 2, then:

a. each country should specialize in the production of a particular good.
b. there are no gains from specialization and trade between the two countries.
c. the benefits resulting from trade between the two countries are increased.
d. one country must be more productive in producing all goods than the other.
e. none of the above

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