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a) A developing nation can gain from international trade because it can take advantage of increasing returns to scale due to being able to produce larger amounts of the particular good.
b) A developing nation can gain from international trade because it subjects its producers to greater competition.
c) A developing nation will lose in international trade because it subjects its producers to greater competition.
d) A developing nation can gain from trade because it gets better access to the greater variety of goods produced abroad.
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