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According to International Trade Theory, a Country Can Gain

Question 40

Multiple Choice

According to international trade theory, a country can gain


A) if it protects domestic industries from low-wage foreign producers.
B) only if the trade harms its trading partners.
C) by importing goods when they can be obtained more economically from foreign producers.
D) if it maximizes the employment in domestic industries that face competition from foreign producers who have lower costs.

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