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2 Nov 2020
15. The classical trade theories of Smith and Ricardo predict that
a. Countries will completely specialize in the production of export goods.
b. Considerable trade will occur between countries with different levels of technology
c. Small countries could obtain all of the gains from trade when trading with large countries
d. All of the above.
15. The classical trade theories of Smith and Ricardo predict that
a. Countries will completely specialize in the production of export goods.
b. Considerable trade will occur between countries with different levels of technology
c. Small countries could obtain all of the gains from trade when trading with large countries
d. All of the above.
Raushan RajLv8
2 Nov 2020