Economics · International Trade
The primary economic advantage of engaging in international trade is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The comprehensive reduction of domestic industrial production
- 2Specialization based on the principle of comparative advantage✓
- 3The strategic expansion of international trade barriers
- 4The complete elimination of foreign currency exchange markets
Correct answer
Specialization based on the principle of comparative advantage
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