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    Macroeconomics Study Set 17
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    Exam 7: Comparative Advantage and the Gains From International Trade
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    Trade That Is Within a Country or Between Countries Is
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Trade That Is Within a Country or Between Countries Is

Question 106

Question 106

Multiple Choice

Trade that is within a country or between countries is based on the principle of


A) absolute advantage.
B) scarcity.
C) competition.
D) comparative advantage.

Correct Answer:

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