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25 August, 21:54

If uzbekistan and azerbaijan each spends all its time producing the good in which it has a comparative advantage and trade takes place at a price of 12 bolts for 36 nails, then

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  1. 25 August, 23:37
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    If trade takes place at a price of 12 bolts for 36 nails while Uzbekistan and Azerbaijan each spends all its time producing the good in which it has a comparative advantage, then both Uzbekistan and Azerbaijan will gain from this trade.
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