Trade will be mutually beneficial if (a) absolute cost differs. (b) comparative cost differs. (c) absolute costs

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Trade will be mutually beneficial if

(a) absolute cost differs.

(b) comparative cost differs.

(c) absolute costs equal to comparative costs.

(d) trade is free.

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Macroeconomics

ISBN: 9780124080669

2nd Edition

Authors: Debes Mukherjee

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