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(Figure: the Import­Competing Industry) in Comparison to a No­trade

Question 55

Multiple Choice

(Figure: The Import­Competing Industry) In comparison to a no­trade Situation, with free trade, producer surplus __________ to _________. A) increases; $75 B) decreases; $75 C) increases; $150 D) decreases; $150 (Figure: The Import­Competing Industry) In comparison to a no­trade
Situation, with free trade, producer surplus __________ to _________.


A) increases; $75
B) decreases; $75
C) increases; $150
D) decreases; $150

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