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In Terms of Efficiency, Trade Diversion Is a _____ Desirable

Question 81

Multiple Choice

In terms of efficiency, trade diversion is a _____ desirable outcome of a regional free-trade agreement, because trade is diverted from the _____ producer to the _____ producer.


A) more; high-cost; low-cost
B) more; less deserving; more deserving
C) less; low-cost; high-cost
D) less; foreign; domestic

Correct Answer:

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