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2) Summarize Ricaruo's concepts or comparative and absomte advantage. Visually illustrate how gains from exchange come to exist in both scenarios. Give this,why might some
2) Summarize Ricaruo's concepts or comparative and absomte advantage. Visually illustrate how gains from exchange come to exist in both scenarios. Give this,why might some countries still insist upon protectionist policies? In what ways might Ricardo be viewed as \"formalizing\" Smith's work
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