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If Production Is Subject to Economies of Scale,countries Can Gain

question 61

True/False

If production is subject to economies of scale,countries can gain from trade if each nation specializes in the production of a good.


Definitions:

Inhibited

Characterized by a restraint or suppression of action, feeling, or expression.

Inhibited Children

Children who display a consistent pattern of shyness, timidity, and fearfulness in unfamiliar situations or in response to novel stimuli.

Novelty

The quality of being new, original, or unusual.

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