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The Greater the Degree of Specialization in the Economy

Question 180

Multiple Choice

The greater the degree of specialization in the economy,


A) the easier it is to discover a double coincidence of wants
B) the more feasible a barter system is
C) the less likely it is that monetary exchange will develop
D) the harder it is to negotiate an exchange rate between all pairs of goods
E) the more likely it is that individual consumers are self-sufficient

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