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Question
When a smaller country with fewer resources specializes its production and gains access to larger, international markets, this can create
a. a smaller distribution network.
b. increased per-unit costs.
c. decreased sales.
d. economies of scale.
e. inefficiencies.
Answer
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Related questions
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Suppose Solomon lives in a community with no price controls. What do you expect will happen if his town borders a community where there is a binding price ceiling on most products?
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