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Principles of Microeconomics/Basic Economic Concepts
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Economic Gains From Specialization

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A country adopts the theory of comparative advantage by trading with another nation and exclusively producing a single good. Consequently, the country increases its available quantity of goods and services, improves productivity, and allocates resources more efficiently. Which of the following best explains these economic gains?
AInflation
BThe law of supply and demand
CSpecialization
DAbsolute advantage
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