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jlg71 jlg71
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The classic theory of comparative advantage suggests that each country should ________.

▸ attempt to maintain a trade surplus by exporting more than what it imports

▸ attempt to maintain a trade deficit by importing more than what it exports

▸ produce all goods and services it requires for domestic consumption

▸ specialize in those areas where it can produce more efficiently than other countries

▸ produce a wide range of products to maintain an attractive international portfolio
Textbook 
Business in Action

Business in Action


Edition: 9th
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DeeclaireDeeclaire
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