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29 January, 13:05

11. Which statement illustrates the law of comparative advantage?

A country makes the goods it produces most efficiently and trades for others.

A country exports all its raw materials and imports all manufactured products.

A country makes all the goods it needs.

A country buys all its goods from other nations.

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  1. 29 January, 13:28
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    A country makes the goods it produces most efficiently and trades for others.
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