Question
When nations increase production in their area of _________________ and trade with each other, both sides can benefit. relative advantage absolute advantage comparative advantage opportunity
When nations increase production in their area of _________________ and trade with each other, both sides can benefit.
relative advantage
absolute advantage
comparative advantage
opportunity cost
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International Macroeconomics
Authors: Robert C. Feenstra, Alan M. Taylor
Fourth Edition
1319061729, 978-1319061722
