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Comparative Advantage

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Higher School Certificate(HSC ) topic one economics FlashCards sobre Comparative Advantage, criado por Ayman Shaukat em 30-01-2016.
Ayman Shaukat
FlashCards por Ayman Shaukat, atualizado more than 1 year ago
Ayman Shaukat
Criado por Ayman Shaukat mais de 8 anos atrás
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Questão Responda
Comparative Advantage Economic principle that nations should specialise in areas of production in which they have the lowest oppurtunity cost and trade with other nations, so as to maximise both nations standards of living

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