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    Exam 2: Foundations of Modern Trade Theory Comparative Advantage
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    The Mercantilists Contended That Because One Nation's Gains from Trade
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The Mercantilists Contended That Because One Nation's Gains from Trade

Question 113

Question 113

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The mercantilists contended that because one nation's gains from trade come from the expense of its trading partners, not all nations could simultaneously realize gains from trade.

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