3. Explain and illustrate how the terms of trade determine the extent to which each country specializes.

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3. Explain and illustrate how the terms of trade determine the extent to which each country specializes.

4. Explain and illustrate the mutual benefits of trade.

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Principles Of Microeconomics

ISBN: 9781843317708

1st Edition

Authors: Libby Rittenberg, Timothy Tregarthen

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