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    International Economics Study Set 2
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    Exam 2: The Basic Theory Using Demand and Supply
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    If Markets Are Perfectly Competitive, the Free-Trade Price of a Good
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If Markets Are Perfectly Competitive, the Free-Trade Price of a Good

Question 23

Question 23

True/False

If markets are perfectly competitive, the free-trade price of a good in an importing country is expected to be lower than the pre-trade price of the good in that country.

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