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    International Economics Study Set 12
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    Exam 9: International Factor Movements and Multinational Enterprises
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    International Joint Ventures Tend to Yield a Welfare-Increasing Market-Power Effect
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International Joint Ventures Tend to Yield a Welfare-Increasing Market-Power Effect

Question 92

Question 92

True/False

International joint ventures tend to yield a welfare-increasing market-power effect and a welfare-decreasing cost-reduction effect.

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