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zmey [24]
3 years ago
13

Comparative advantage theory:______

Social Studies
1 answer:
3241004551 [841]3 years ago
5 0

TRUE.

According to the Comparative Advantage Theory, countries should export to other countries products that they produce effectively and efficiently and import those products that they are not able to produce as efficiently. Thus, they should specialize by designating their scarce resources to make goods  that will provide them with a comparative cost advantage.

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