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    Principles of Economics Study Set 8
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    Exam 3: Interdependence and the Gains From Trade
  5. Question
    When Each Person Specializes in Producing the Good in Which
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When Each Person Specializes in Producing the Good in Which

Question 14

Question 14

True/False

When each person specializes in producing the good in which he or she has a comparative advantage, each person can gain from trade but total production in the economy is unchanged.

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