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Chako Chako
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Posts: 2948
8 years ago
Trade between two countries can benefit both countries if
A) each country enjoys superior terms of trade.
B) each country produces a wide range of goods for export.
C) each country has a more elastic demand for the imported goods.
D) each country has a more elastic supply for the exported goods.
E) each country exports that good in which it has a comparative advantage.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 241 times
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Answer verified by a subject expert
machukianmachukian
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Posts: 2946
8 years ago
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Chako Author
wrote...
8 years ago
Good answer, thank you
wrote...
7 years ago
Happy to help you!
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