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    Principles of Macroeconomics
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    Exam 3: Interdependence and the Gains From Trade
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    Which Statement Does NOT Accurately Outline an Implication of Our
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Which Statement Does NOT Accurately Outline an Implication of Our

Question 173

Question 173

Multiple Choice

Which statement does NOT accurately outline an implication of our model of trade?


A) Trade allows for specialization.
B) Trade is good for nations.
C) Trade is based on comparative advantage.
D) Trade can only occur if the cost of labour in both countries is equal

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