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    Macroeconomics Principles Study Set 1
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    Exam 15: International Trade
  5. Question
    _____ Refers to Circumstances When a Market Is Too Underdeveloped
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_____ Refers to Circumstances When a Market Is Too Underdeveloped

Question 261

Question 261

Multiple Choice

_____ refers to circumstances when a market is too underdeveloped to achieve a comparative advantage.


A) An infant industry situation
B) Consumer protection
C) Dumping
D) Low foreign wages

Correct Answer:

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