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Author Question: Suppose a national government chooses to impose barriers to trade in an effort to promote a more ... (Read 148 times)

ncasson210

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on: Oct 12, 2022
Suppose a national government chooses to impose barriers to trade in an effort to promote a more diversified economy. This objective would be particularly important to, for example, an economy largely dependent on one or two agricultural products because
◦ it will allow firms in the economy to exploit economies of scale in newly developed industries.
◦ it will increase net exports for the economy.
◦ any volatility in the world prices of those commodities leads to great volatility in national income.
◦ it will certainly maximize national income and raise average living standards.
◦ that country's terms of trade will continue to deteriorate over time if it continues to specialize.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by ncasson210 on Oct 12, 2022

ekattan2

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ncasson210

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

sarah_brady415

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Reply 3 on: Yesterday
Excellent

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