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9. The gains from specialization and trade are dis. comp cussed in terms of production gains and consump- special tion gains. What do these terms

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9. The gains from specialization and trade are dis. comp cussed in terms of production gains and consump- special tion gains. What do these terms mean? countr 10. What is meant by the term trade triangle? tion be 11. With a given level of world resources, international nation's trade may bring about an increase in total world possibil output. Explain. of steel

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