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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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    A Joint Venture Leads to Increases in National Welfare If
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A Joint Venture Leads to Increases in National Welfare If

Question 61

Question 61

True/False

A joint venture leads to increases in national welfare if its cost-reduction effect is due to productivity gains and if it more than offsets the market-power effect.

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