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are evidenc… Show more; Opportunities created by trade: in

Paper help Economics are evidenc… Show more; Opportunities created by trade: in

Economics

are evidenc… Show more; Opportunities created by trade: in

are evidenc… Show more; Opportunities created by trade: induce a greater degree of specialization. are evidenced by higher opportunity costs of production. are a result of absolute advantage. are few and far between. If the opportunity cost is 2X = 1Y for country A and 1X = 3Y for country B, then a possible terms of trade is: 1X = 1/3Y. 1X = 1/4Y. 1X = 1/5Y. 1/2X = 1Y.;

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