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    Principles of Economics
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    Exam 3: Interdependence and the Gains From Trade
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    As Long as Two People Have Different Opportunity Costs,each Can
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As Long as Two People Have Different Opportunity Costs,each Can

Question 212

Question 212

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As long as two people have different opportunity costs,each can gain from trade,since trade allows each person to obtain a good at a price lower than his or her opportunity cost.

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