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Quiz
· Trade
· 2 of 14
Principles of Microeconomics
Knowledge Check
Question 1 of 2
How is international trade similar to domestic trade?
a.
International trade makes people better off when preferences differ.
b.
International trade increases productivity through specialization and the division of knowledge.
c.
Trade increases productivity through comparative advantage.
d.
A and B
e.
All of the above
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