The gains from specialization and trade are discussed in terms of production gains and consumption gains. What

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The gains from specialization and trade are discussed in terms of production gains and consumption gains. What do these terms mean?

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International economics

ISBN: 978-8131518823

13th Edition

Authors: Robert J. Carbaugh

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Question Posted: Nov 14, 2012 03:33 AM

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What are the gains from specialization and trade?
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The gains from specialization and trade are discussed in terms of production gains and consumption gains. What

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Production gains from trade refer to the increased output ...View the full answer

International economics

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