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    Macroeconomics Principles Study Set 1
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    Exam 15: International Trade
  5. Question
    As Tariffs Have Been Lowered Throughout the World, Trade Has
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As Tariffs Have Been Lowered Throughout the World, Trade Has

Question 198

Question 198

Multiple Choice

As tariffs have been lowered throughout the world, trade has _____, leading to _____ standards of living around the world.


A) expanded; lower
B) expanded; higher
C) fallen; lower
D) fallen; higher

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