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    Exam 15: Inflation: Phillips Curves and Neo-Fisherism
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    The Net Effect on Welfare from Eliminating Trade Barriers Is
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The Net Effect on Welfare from Eliminating Trade Barriers Is

Question 9

Question 9

Multiple Choice

The net effect on welfare from eliminating trade barriers is


A) indeterminant.
B) positive.
C) negative.
D) positive only in the short run.
E) negative in the long run.

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