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3 Nov 2020
1. International trade_________________________________________________________.
a. increases both producer surplus and consumer surplus throughout the world
b. benefits low-income countries and hurts high-income countries
c. benefits countries which export goods and hurts countries which import goods
d. has a net beneficial effect only for countries with an autarky equilibrium
1. International trade_________________________________________________________.
a. increases both producer surplus and consumer surplus throughout the world
b. benefits low-income countries and hurts high-income countries
c. benefits countries which export goods and hurts countries which import goods
d. has a net beneficial effect only for countries with an autarky equilibrium
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Raushan RajLv8
3 Nov 2020