Multiple Choice
Which of the following statements is false?
A) The price of the traded good rises in the exporting country.
B) The production of the traded good rises in the exporting country.
C) The production of the traded good falls in the importing country.
D) The price of the traded good rises in the importing country.
E) The price of traded goods will change in both countries.
Correct Answer:
Verified
Correct Answer:
Verified
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