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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 2: Economic Tools and Economics Systems
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    If I Trade a Ginger Snap for a Chocolate Chip
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If I Trade a Ginger Snap for a Chocolate Chip

Question 73

Question 73

Multiple Choice

If I trade a ginger snap for a chocolate chip cookie, I am engaging in


A) barter
B) comparative advantage
C) absolute advantage
D) privatization
E) division of labor

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