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Author Question: Countries should specialize and import goods in which they have a comparative disadvantage. a. True ... (Read 56 times)

Pea0909berry

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Countries should specialize and import goods in which they have a comparative disadvantage.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following is not a result of a U.S. tariff on foreign autos?
 a. increase the price of imported autos
 b. increase the price of domestic autos
 c. decrease the quantity of foreign autos purchased by U.S. consumers
  d. decrease the quantity of domestic autos purchased by U.S. consumers



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sierramartinez

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Answer to Question 1

True

Answer to Question 2

d





 

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