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Question
question 3 (mandatory) (3.0303 points)
trade enables people to specialize, that is to concentrate their production efforts on what theyre good at.
true
false
Brief Explanations
A core principle of trade is comparative advantage, where entities focus on producing goods/services they are efficient at (specialize), then trade for other needs. This is enabled by trade, as it allows access to other goods without producing everything locally.
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True