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Advantages of Comparative Advantage

Advantages of Comparative Advantage

  • Submitted by finxl
  • about 3 months ago
  • 0 Comment
  • Share
    • Finance
  • https://www.fbsedu.in/eligibility
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Maximization of total output: Specialization maximizes the total output. By concentrating on the production of goods in which a party has a comparative advantage, it can produce more goods than if they had attempted to produce everything by themselves.

Finance

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