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In a two-country two-good world, which of the following is consistent with international tradewithoutspecialization in production? Each country will export the good in which it
In a two-country two-good world, which of the following is consistent with international tradewithoutspecialization in production?
Each country will export the good in which it has a comparative disadvantage.
A country can consume more of one good only if it consumes less of another.
Each country can consume more of both goods.
A country's consumers will be better off but its producers will be worse off.
None of the above.
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