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    Microeconomics Principles
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    Exam 17: Comparative Advantage and the Gains From International Trade
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    A High-Wage Country Cannot Afford Free Trade with a Low-Wage
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A High-Wage Country Cannot Afford Free Trade with a Low-Wage

Question 69

Question 69

True/False

A high-wage country cannot afford free trade with a low-wage country.The high- wage country will either be undersold or its workers will be forced to accept lower living standards.

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