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18 Aug 2018
35) An economic system will occasionally choose to concentrate its factors of production on producing some products rather than others. Through concentration and specialisation, it can make the chosen products better or more cheaply than other countries can. This is known as: a) b) trade specialisation economic concentration absolute advantage comparative advantage
35) An economic system will occasionally choose to concentrate its factors of production on producing some products rather than others. Through concentration and specialisation, it can make the chosen products better or more cheaply than other countries can. This is known as: a) b) trade specialisation economic concentration absolute advantage comparative advantage
15 Jan 2023
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Bunny GreenfelderLv2
19 Aug 2018
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