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    International Economics Study Set 12
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    Exam 7: Trade Policies for the Developing Nations
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    Empirical Research Indicates That the Demand and Supply Schedules for Most
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Empirical Research Indicates That the Demand and Supply Schedules for Most

Question 22

Question 22

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Empirical research indicates that the demand and supply schedules for most primary products are relatively inelastic to changes in price.

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