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Chako Chako
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8 years ago
It is generally claimed that state trading, or centrally controlled trading will tend to reach a lower economic welfare than would be reached by allowing market forces to determine trade flow directions and terms of trade. Illustrate a counter-example to this proposition.
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International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
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machukianmachukian
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8 years ago
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Chako Author
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#2
8 years ago
Correct!
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#3
8 years ago
Happy to help you!
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