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    Exam 2: Specialization and Exchange
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    When Two Countries Specialize and Trade with One Another Total
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When Two Countries Specialize and Trade with One Another Total

Question 119

Question 119

Multiple Choice

When two countries specialize and trade with one another total production:


A) remains unchanged but consumption rises.
B) increases, but only if comparative advantage exists.
C) may increase, depending on trade relations.
D) and consumption remain unchanged.

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