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    Principles of Macroeconomics Study Set 8
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    Exam 9: Application International Trade: The Determinants of Trade
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    The Price of a Good That Prevails in a World
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The Price of a Good That Prevails in a World

Question 35

Question 35

Multiple Choice

The price of a good that prevails in a world market is called the


A) absolute price.
B) relative price.
C) comparative price.
D) world price.

Correct Answer:

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