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    International Economics Study Set 12
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    Exam 7: Trade Policies for the Developing Nations
  5. Question
    To Be Considered a Good Candidate for an Export Cartel
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To Be Considered a Good Candidate for an Export Cartel

Question 74

Question 74

Multiple Choice

To be considered a good candidate for an export cartel, a commodity should


A) be a manufactured good.
B) be a primary product.
C) have a low price elasticity of supply.
D) have a high price elasticity of demand.

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