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    International Economics Study Set 6
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    Exam 3: Comparative Advantage and the Gains From Trade
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    If the World Price for a Good Is Above a Nation's
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If the World Price for a Good Is Above a Nation's

Question 60

Question 60

Multiple Choice

If the world price for a good is above a nation's pre-trade equilibrium price,then the nation


A) will export the good.
B) will import the good.
C) will neither export nor import the good.
D) cannot gain from trade.
E) Both C and D.

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