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    Modern Principles of Economics Study Set 2
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    Exam 2: The Power of Trade and Comparative Advantage
  5. Question
    Which of the Following Statements Is TRUE
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Which of the Following Statements Is TRUE

Question 101

Question 101

Multiple Choice

Which of the following statements is TRUE?


A) Trade makes workers in high productivity countries less productive.
B) Trade causes workers in low-wage countries receive an even lower wage.
C) Specialization and trade raise wages in both countries party to the trade.
D) Specialization and trade raise productivity but not wages.

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