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  3. Study Set
    International Economics Study Set 9
  4. Exam
    Exam 4: Trade and Resources: the Heckscher-Ohlin Model
  5. Question
    With the "Opening" of Trade, the Item Exported Experiences A(n)
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With the "Opening" of Trade, the Item Exported Experiences A(n)

Question 1

Question 1

Multiple Choice

With the "opening" of trade, the item exported experiences a(n) ________ in demand and therefore a(n) ________ in its relative (domestic) price.


A) increase, increase
B) increase, decrease
C) decrease, decrease
D) decrease, increase

Correct Answer:

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