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When discussing comparative and absolute advantage, which best describes specialization

Donald Ward

in Social studies

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Curtis Rhodes on October 21, 2018

I think the answer is: the Limitation of the types of goods and services producedThe purpose of this limitation is to make the country able to allocate their resources in the production of commodities in which they have a complete competitive advantage to other countries. An example would be Malaysia, which is chosen in the production of latex as one of their specialization.


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