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    International Economics Study Set 6
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    Exam 3: Comparative Advantage and the Gains From Trade
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    Based on the Theory of Comparative Advantage,nations Maximize Their Well-Being
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Based on the Theory of Comparative Advantage,nations Maximize Their Well-Being

Question 64

Question 64

Multiple Choice

Based on the theory of comparative advantage,nations maximize their well-being when they


A) create more jobs.
B) allocate resources more efficiently.
C) increase trade surpluses.
D) increase exports.

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