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book Macroeconomics 11th Edition by Michael Parkin cover

Macroeconomics 11th Edition by Michael Parkin

النسخة 11الرقم المعياري الدولي: 9780133423884
book Macroeconomics 11th Edition by Michael Parkin cover

Macroeconomics 11th Edition by Michael Parkin

النسخة 11الرقم المعياري الدولي: 9780133423884
تمرين 26
Use the following information to work Problem.
Before the Civil War, the South traded with the North and with England. The South sold cotton and bought manufactured goods and food. During the war, one of President Lincoln's first actions was to blockade the ports and prevent this trade. The South increased its production of munitions and food.
In what did the South have a comparative advantage?
التوضيح
موثّق
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Comparative advantage of south:
Compara...

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Macroeconomics 11th Edition by Michael Parkin
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