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Question #45652

The doctrine of comparative advantage states that there are gains from international trade:

Options:

A) Only if both comparative and absolute advantage are present in both countries.

B) If opportunity costs are the same in the countries involved.

C) Only if there are economies of scale available.

D) If countries specialize in the production of goods in which they are relatively more efficient.

Answer: The doctrine of comparative advantage states that there are gains from international trade: If countries specialize in the production of goods in which they are relatively more efficient..

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