How does free trade most affect specialization

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asked Jun 4, 2022 57.1k views

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Tobsecret · Answer 1 · 2022-06-09T21:54:53+0000

Answer:

Free trade leads to specialization, where a country only produces goods that they are efficient at, i.e., in which they have a lower opportunity cost. Specialization leads to higher levels of output.

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How does free trade most affect specialization

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