Principles of Microeconomics California Edition 2nd Edition
Principles of Microeconomics California Edition 2nd Edition
2nd Edition
ISBN: 9780393622089
Author: Dirk Mateer, Lee Coppock
Publisher: W. W. Norton
Question
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Chapter 19, Problem 6SP

(a):

To determine

Trade helps to specialize based on comparative advantage.

(b):

To determine

Trade helps to consume variety of products.

(c):

To determine

Trade increases the competition in the market.

(d):

To determine

Trade helps to enjoy the returns to scale.

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