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    International Economics Study Set 1
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    Exam 2: Foundations of Modern Trade Theory: Comparative Advantage
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    Because the Ricardian Theory of Comparative Advantage Was Based Only
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Because the Ricardian Theory of Comparative Advantage Was Based Only

Question 144

Question 144

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Because the Ricardian theory of comparative advantage was based only on a nation's demand conditions,it could not fully explain the distribution of the gains from trade among trading partners.

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