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In the context of international trade, what does comparative advantage imply? Question 15 options: Each country should focus solely on producing goods for which it
In the context of international trade, what does comparative advantage imply? Question 15 options: Each country should focus solely on producing goods for which it has an absolute advantage. Each country should focus solely on producing goods for which it has a comparative advantage. Each country should focus on producing goods that are in high demand regardless of their comparative advantage. Each country should produce all goods domestically to avoid dependency on other nations
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