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20 August, 05:27

Countries tend to export different goods and services because of:

a. differences in their comparative advantages.

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  1. 20 August, 05:42
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    When a country can export different goods and services it has a comparative advantage compared to others. It has the capability to produce not only for its own country, but it can establish trade among other countries efficiently with certain products because of its available resources. Also, the opportunity cost of production is higher compared to others.
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