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PiMaster314 PiMaster314
wrote...
Posts: 423
4 years 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

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
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1 Reply
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Answer verified by a subject expert
katiewillkatiewill
wrote...
Posts: 336
4 years ago
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PiMaster314 Author
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4 years ago
Thank you, thank you, thank you!
wrote...

Yesterday
this is exactly what I needed
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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