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Posts: 179
3 weeks ago
Suppose Panama produces only two goods, bananas and hats. If Panama has a comparative advantage in bananas, a move toward free trade will:

▸ harm hat workers, harm banana workers, but benefit the nation as a whole.

▸ benefit hat workers, harm banana workers, but harm the nation as a whole.

▸ harm hat workers, benefit banana workers, but benefit the nation as a whole.

▸ benefit hat workers, harm banana workers, but benefit the nation as a whole.
Textbook 
Microeconomics: Principles, Applications, and Tools
Edition: 8th
Authors:
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Posts: 188
3 weeks ago
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harm hat workers, benefit banana workers, but benefit the nation as a whole.
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