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What does Bulgaria have a comparative advantage in?

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Political and business stability * Bulgaria is a member of the European Union, NATO and WTO * The stability of the currency is supported by the currency board, pegging the Bulgarian lev to the euro at the level of 1. read more

Comparative Advantage To understand Ricardo's argument, you must have a firm grasp of the notions of opportunity cost and production possibilities. If you need to review these concepts, please see the document on Production Possibilites . read more

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