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Give thoughts on how the video relates to these objectives: Understand the benefits of trade Interpret the production possibilities Compare capitalist and socialist economic systems

Give thoughts on how the video relates to these objectives: Understand the benefits of trade Interpret the production possibilities Compare capitalist and socialist economic systems Understand three economic questions of scarcity

Reference: https://m.youtube.com/watch?v=IYO3tOqDISE&feature=youtu.be

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