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    International Economics Study Set 9
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    Exam 2: Trade and Technology: The Ricardian Model
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    At Some Point, as the Price of the Exported Product
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At Some Point, as the Price of the Exported Product

Question 63

Question 63

Multiple Choice

At some point, as the price of the exported product is bid up and the price of the imported product falls, the price of the product in both nations:


A) becomes more unequal.
B) approaches zero.
C) approaches infinity.
D) equalizes.

Correct Answer:

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