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    Principles of Economics Study Set 8
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    Exam 3: Interdependence and the Gains From Trade
  5. Question
    Trade Allows a Person to Obtain Goods at Prices That
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Trade Allows a Person to Obtain Goods at Prices That

Question 98

Question 98

True/False

Trade allows a person to obtain goods at prices that are less than that person's opportunity cost because each person specializes in the activity for which he or she has the lower opportunity cost.

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