Question 3
if two nations specialize according to their individual comparative advantages and engage in trade, then which of the following must be true?
A
Nations would be better off if they were self-sufficient.
B
If one nation gains from trade with the other nation, then the other nation will lose.
C. Both nations can consume beyond their individual production produce.
D. Both nations can consume only what they produce
E. Both nations will lose from trade
Pls help asap
Answers: 1
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Question 3
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