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A state or country can maximise the prosperity of its citizens when it produces those products and tradable services for which it has a comparative advantage. In other words, it is better to concentrate on growing or making what you can grow or make better than others, sell these products internationally and buy products that other states or countries can grow or make more efficiently. It has been shown that the protectionist alternative, where a state or nation tries to be self-sufficient, results in a lower standard of living.

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