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In Addition to Realizing the Benefits of Specialization According to Comparative

Question 53

Multiple Choice

In addition to realizing the benefits of specialization according to comparative advantage,a nation that engages in international trade and specialization may realize benefits from


A) economies of scale and learning by doing.
B) diseconomies of scale and learning by doing.
C) learning by doing and increased opportunity costs.
D) a devaluation of its currency.
E) a less diversified economy.

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