Flashcard sets with a 'the principle of comparative advantage' term meaning 'total output is largest when each person (or each country) concentrates on the activities for which his or her opportunity cost is lowest.'

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1-1 of 1Flashcard sets with a 'the principle of comparative advantage' term meaning 'total output is largest when each person (or each country) concentrates on the activities for which his or her opportunity cost is lowest.'
# Title Terms Date
1Econ Chapter 2by iri108910 termsNovember 7, 2008
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