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    Global Economic Issues
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    Exam 12: Industrial Structure and Trade in the Global Economy: Businesses Without Borders
  5. Question
    In a Monopolistically Competitive Industry Spanning More Than One Nation
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In a Monopolistically Competitive Industry Spanning More Than One Nation

Question 24

Question 24

True/False

In a monopolistically competitive industry spanning more than one nation, intra-industry trade yields gains to firms in the form of a wider variety of products and lower product prices.

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