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    Principles of Macroeconomics Study Set 8
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    Exam 9: Application International Trade: The Determinants of Trade
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    What Is the Fundamental Basis for Trade Among Nations
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What Is the Fundamental Basis for Trade Among Nations

Question 4

Question 4

Multiple Choice

What is the fundamental basis for trade among nations?


A) shortages or surpluses in nations that do not trade
B) misguided economic policies
C) absolute advantage
D) comparative advantage

Correct Answer:

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