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    Principles of Economics Study Set 8
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    Exam 9: Application: International Trade
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    William and Jamal Live in the Country of Dumexia
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William and Jamal Live in the Country of Dumexia

Question 118

Question 118

True/False

William and Jamal live in the country of Dumexia. As a result of Dumexia's legalization of international trade in bananas, William becomes better off and Jamal becomes worse off. It follows that William is a seller, and Jamal is a buyer, of bananas.

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