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    Principles of Microeconomics Study Set 4
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    Exam 13: International Trade
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    What Is the Cornerstone of Trade
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What Is the Cornerstone of Trade

Question 124

Question 124

Multiple Choice

What is the cornerstone of trade?


A) The fact that countries have different factor endowments.
B) Specialization.
C) The presence of economies of scale.
D) Monopoly power.

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