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    Macroeconomics Study Set 17
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    Exam 7: Comparative Advantage and the Gains From International Trade
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    When a Tariff Is Placed on Running Shoes,the ________ to Local
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When a Tariff Is Placed on Running Shoes,the ________ to Local

Question 9

Question 9

Multiple Choice

When a tariff is placed on running shoes,the ________ to local businesses and local consumers are likely to be greater in dollar terms than the ________ to the owner of a shoe factory and its workers.


A) gains; gains
B) gains; losses
C) losses; gains
D) losses; losses

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