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    Exam 6: International Trade Theories and Concepts
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    According to Adam Smith, International Trade Is Advantageous for All
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According to Adam Smith, International Trade Is Advantageous for All

Question 8

Question 8

Multiple Choice

According to Adam Smith, international trade is advantageous for all participating countries only if they enjoy -------difference in cost of production


A) Comparative
B) Equal
C) Absolute
D) Unequal

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