According to comparative advantage, trade between two countries allows
a. each of the t...
Business, 24.04.2020 02:24 jewelzoe49
According to comparative advantage, trade between two countries allows
a. each of the trading countries to allocate its resources most efficiently.
b. will benefit all the industries in each of the countries.
c. maximizes the amount of inputs that are used in the production of all products.
d. guarantees that consumption levels will be equal in the two countries.
Answers: 2
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