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Home > Principles of Microeconomics (Video) > The Big Ideas of Trade
Podcast: Principles of Microeconomics (Video)
Episode:

The Big Ideas of Trade
Category: Education
Duration: 00:08:02
Publish Date: 0000-00-00 00:00:00
Description: Trade makes people better off, but how? In this video we discuss the importance of specialization and division of knowledge. Specialization leads to improvements in knowledge, which then lead to improvements in productivity. For instance, physicians who...
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