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roddyrodrod roddyrodrod
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Posts: 564
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6 years ago
Using trade barriers to address labor standards does all of the following EXCEPT it
 
  A) leads to deadweight losses.
  B) redistributes income.
  C) works more effectively for countries that are small relative to the total market.
  D) potentially makes conditions worse as production moves to the informal sector.



Question 2 - Briefly explain the difference between absolute and relative PPP.
 
  What will be an ideal response?



Question 3 - What results has the Republic of Korea experienced from its change in policies?
 
  What will be an ideal response?



Question 4 - Since 1994, trade rules have been enforced by
 
  A) the WTO.
  B) the G10.
  C) the GATT.
  D) The U.S. Congress.
  E) the European Union.
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paige.S99paige.S99
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6 years ago
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