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Income Distribution and Inequality On one hand, comparative advantage increases wealth for everyone, although the sharing may be disproportionate and less advantageous. In some instances, for instance, the increased competitiveness may become very hostile

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Income Distribution and Inequality On one hand, comparative advantage increases wealth for everyone, although the sharing may be disproportionate and less advantageous. In some instances, for instance, the increased competitiveness may become very hostile, leading to job cuts or wage freeze. In many developing nations or with respect to specific workers in other industries no longe... https://topcollegesadmission.in/college-list/bba/pune

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