8. Which of the following are benefits of international trade? LO40.2 Choose one or more answers from
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8. Which of the following are benefits of international trade? LO40.2 Choose one or more answers from the choices shown.
a. A more efficient allocation of resources.
b. A higher level of material well-being.
c. Gains from specialization.
d. Promoting competition.
e. Deterring monopoly.
f. Reducing the threat of war.
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