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  3. Study Set
    Principles of Microeconomics
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    Exam 20: International Trade, Comparative Advantage, and Protectionism
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    For Any Pair of Nations and Goods, If Each Country
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For Any Pair of Nations and Goods, If Each Country

Question 19

Question 19

True/False

For any pair of nations and goods, if each country has a comparative advantage in the production of one product, it is reasonable to expect that specialization and trade will benefit both countries.

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