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    Modern Principles Microeconomics
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    Exam 2: The Power of Trade and Comparative
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    The Concept of Comparative Advantage Implies That
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The Concept of Comparative Advantage Implies That

Question 2

Question 2

Multiple Choice

The concept of comparative advantage implies that:


A) there are winners and losers when people trade without specializing.
B) people have to be self-sufficient.
C) people benefit from specializing and trading with one another.
D) only those people who are productive benefit from trade.

Correct Answer:

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