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The Key Benefit of Countries Engaging in Trade Based on Comparative

Question 200

Multiple Choice

The key benefit of countries engaging in trade based on comparative advantage is that


A) both countries will be able to consume more than they would with no trade.
B) it allows countries to produce efficiently inside of their individual production possibilities frontiers.
C) it allows both countries to maximize their opportunity cost.
D) None of these is a key benefit.

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