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Other Fields Homework Help Economics Topic started by: Lighting2551 on Mar 18, 2019



Title: According to comparative advantage, a nation should
Post by: Lighting2551 on Mar 18, 2019
According to comparative advantage, a nation should

• Import only the goods where the nation has a disadvantage.

• Not produce any goods if the nation is at relative disadvantage.

• Specialize in the production of the good with the least disadvantage.

• Not import any goods if it does not have a relative disadvantage.


Title: According to comparative advantage, a nation should
Post by: crdsa on Mar 18, 2019
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