According to the theory of ________, specialization and free trade will benefit all trade partners,

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According to the theory of ________, specialization and free trade will benefit all trade partners,

According to the theory of ________, specialization and free trade will benefit all trade partners, even when some are absolutely more efficient producers than others.
A) absolute advantage
B) comparative advantage
C) laissez-faire
D) social equity

Textbook

Principles of Macroeconomics

Edition: 11^th

Authors: Case, Fair, Oster

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