Your flatmate is a better cook than you are, but you can clean more quickly than your

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Your flatmate is a better cook than you are, but you can clean more quickly than your flatmate can. If your flatmate did all of the cooking and you did all of the cleaning, would your household chores take you more or less time than if you divided each task evenly? Give a similar example of how specialization and trade can make two countries both better off.

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Economics

ISBN: 9781408093795

3rd Edition

Authors: Mark P. Taylor, N. Gregory Mankiw

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