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    Microeconomics Study Set 30
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    Exam 9: Comparative Advantage, Exchange Rates, and Globalization
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    The Decline in the Price of American Goods Is Due
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The Decline in the Price of American Goods Is Due

Question 2

Question 2

Multiple Choice

The decline in the price of American goods is due in part to:


A) agglomeration effects of firms.
B) declines in productivity.
C) trade barriers that allow domestic firms to lower prices.
D) globalization and increased trade.

Correct Answer:

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