“Countries as well as families benefit from the ability to trade with one another. Trade allows countries to specialize in what they do best and to enjoy a greater variety of goods and services. The Japanese, as well as the French and the Egyptians and the Brazilians, are as much our partners in the world economy as they are our competitors.”

— N. Gregory Mankiw

Source: Principles of Economics (1998-), Ch. 1. Ten Principles of Economics; p. 10

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N. Gregory Mankiw 16

American economist 1958

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