=+c. If there are constant marginal and average costs of production, then it is in a countrys

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=+c. If there are constant marginal and average costs of production, then it is in a country’s best interest to specialize completely in the production of some goods but to import others.

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Microeconomics

ISBN: 9781292081977

8th Global Edition

Authors: Robert S. Pindyck, Daniel L. Rubinfeld

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