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OpenStax Principles of Macroeconomics 2e, International Trade, What Happens When a Country Has an Absolute Advantage in All Goods
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By the end of this section, you will be able to:

Show the relationship between production costs and comparative advantage
Identify situations of mutually beneficial trade
Identify trade benefits by considering opportunity costs

Subject:
Applied Science
Material Type:
Module
Date Added:
08/21/2018