Although Latvia had an absolute disadvantage in most products relative to EC countries, trade was mutually beneficial

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Although Latvia had an absolute disadvantage in most products relative to EC countries, trade was mutually beneficial because Latvia had a__________ advantage in__________ . (Related to Application 1 on page 55 .)

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Macroeconomics Principles Applications And Tools

ISBN: 123885

8th Edition

Authors: Arthur OSullivan ,Steven Sheffrin ,Stephen Perez

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