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    Macroeconomics Study Set 68
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    Exam 20: International Trade
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    If Two Nations Specialize According to Their Respective Comparative Advantage
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If Two Nations Specialize According to Their Respective Comparative Advantage

Question 227

Question 227

True/False

If two nations specialize according to their respective comparative advantage, and then trade with
each other, both nations can consume output-combinations that are beyond their production
possibilities curves.

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