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    International Economics Study Set 12
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    Exam 9: International Factor Movements and Multinational Enterprises
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    If a Joint Venture Among Competing Firms Is Able to Cut
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If a Joint Venture Among Competing Firms Is Able to Cut

Question 127

Question 127

True/False

If a joint venture among competing firms is able to cut costs by extracting wage concessions from domestic workers, national welfare increases.

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