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BrandyBraden BrandyBraden
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A year ago
Australia exports wine to Canada, and Canada exports wine to Australia. This is a(n)

▸ obvious failure to take advantage of specialization.

▸ likely result of economies of scale and product differentiation.

▸ example of the inefficiency of trade patterns.

▸ violation of the law of comparative advantage.

▸ general conclusion of the Heckscher-Ohlin theory.
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Microeconomics

Microeconomics


Edition: 17th
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lingo94lingo94
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A year ago
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BrandyBraden Author
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A year ago
Thank you, thank you, thank you!
jcarter
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This helped my grade so much Perfect
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This site is awesome
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