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Social Studies, 01.07.2020 20:01 shaylawhitacre
What is comparative advantage?
when country A exports its goods to country B in exchange for other goods
when country A imports all the goods that country B produces in exchange for certain goods it cannot produce
when country A faces a smaller opportunity cost in the production of certain goods as compared to country B
when country A can produce all of its goods in a more cost-effective manner than country B
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What is comparative advantage?
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