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Given Free Trade, a Small Country Tends to Benefit the Most

Question 9

Multiple Choice

Given free trade, a small country tends to benefit the most from trade because:


A) small countries are more productive than large countries.
B) small countries are less productive than large countries.
C) small countries have lower incomes than larger countries.
D) small countries will have terms of trade near the opportunity costs of the large country.
E) None of the above

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