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    International Economics Study Set 12
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    Exam 3: Sources of Comparative Advantage
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    When Transportation Costs Are Added to Our Trade Model, the Low-Cost
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When Transportation Costs Are Added to Our Trade Model, the Low-Cost

Question 47

Question 47

True/False

When transportation costs are added to our trade model, the low-cost exporting country produces less, consumes more, and exports less than that which occurs in the absence of transportation costs.

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