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    Principles of Microeconomics
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    Exam 20: International Trade, Comparative Advantage, and Protectionism
  5. Question
    If Exchange Rates End Up in the Right Ranges, the Free
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If Exchange Rates End Up in the Right Ranges, the Free

Question 255

Question 255

True/False

If exchange rates end up in the right ranges, the free market will drive each country to shift resources into those sectors in which it enjoys a comparative advantage.

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