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Trade between two countries can be useful if the cost ratios of goods are ______. -

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Question

Trade between two countries can be useful if the cost ratios of goods are ______.

Options

  • undetermined

  • decreasing

  • equal

  • different

MCQ
Fill in the Blanks

Solution

Trade between two countries can be useful if the cost ratios of goods are different.

Explanation:

Trade between two countries might be beneficial if the cost ratios of items differ.

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Changing Patterns of the Composition of India's Import
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