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Mutually Beneficial Trade Happens When Both Persons

Question 161

Multiple Choice

Mutually beneficial trade happens when both persons


A) increase production of the product where they have a comparative advantage.
B) decrease production of the product where they have a lower opportunity cost.
C) increase production of the product where they have a higher opportunity cost.
D) increase production of the product where they have an absolute advantage.
E) increase consumption of the product where they have a higher opportunity cost.

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