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Chako Chako
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9 years ago
A country will realize no gains from trade if
A) pre-trade and free-trade relative prices are not identical.
B) pre-trade and free-trade relative prices are identical.
C) its wage exceeds the world average.
D) all countries employ the same technology.
E) it does not have an absolute advantage in at least one good.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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#1
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9 years ago
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Chako Author
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#2
9 years ago
Makes a lot of sense, and you're right.. I appreciate the input
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#3
9 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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