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Gains from trade problem part 3, showing gains from trade

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Uploaded on Jun 23, 2011

In part 3 (the last one), we look at which country has the comparative advantage, and go through an example of trade the benefits both countries. We show that through specialization and trade, both countries can consume outside of their PPF's. This video is embedded at http://www.freeeconhelp.com/2011/06/h... where a text and graphical explanation accompanies it.

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