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Similar countries still gain from trading with each other for two reasons. One is economies of scale; the other is the division of:
AOwnership
BLabour
CCurrency
DTerritory
Answer & Solution
Correct answer: B. Labour
1. It leads to learning and innovation.
2. Unique skills follow from it.
3. It is the division of labour.
_Source: OpenStax Principles of Economics 3e, Chapter 33, International Trade._
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