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    Economics of Development
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    Exam 18: Trade and Development
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    Adam Smith's Term for the Situation in Which a Country
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Adam Smith's Term for the Situation in Which a Country

Question 2

Question 2

Multiple Choice

Adam Smith's term for the situation in which a country has the capacity to produce more than it can sell in the domestic market is known as:


A) safety stock.
B) leftover goods.
C) capacity maximization.
D) vent for surplus.

Correct Answer:

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