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Chako Chako
wrote...
Posts: 2948
8 years ago
In a two product two country world, international trade can lead to increases in
A) total production of both products but not consumer welfare in both countries.
B) consumer welfare only if output of both products is increased.
C) output of both products and consumer welfare in both countries.
D) consumer welfare in both countries but not total production of both products.
E) prices of both goods in both countries.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 80 times
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Answer verified by a subject expert
machukianmachukian
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Top Poster
Posts: 2946
8 years ago
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Chako Author
wrote...
8 years ago
I doubted this website before I signed up. I regret not being a member earlier lol
wrote...
8 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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