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Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
Edition 20ISBN: 978-0077660895Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
Edition 20ISBN: 978-0077660895 Exercise 4
Which of the following are benefits of international trade?
Choose one or more answers from the choices shown.
A) A more efficient allocation of resources.
B) A higher level of material well-being.
C) Gains from specialization.
D) Promoting competition.
E) Deterring monopoly.
F) Reducing the threat of war.
Choose one or more answers from the choices shown.
A) A more efficient allocation of resources.
B) A higher level of material well-being.
C) Gains from specialization.
D) Promoting competition.
E) Deterring monopoly.
F) Reducing the threat of war.
Explanation
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Another benefit is that free trade promo...
Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
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