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Chako Chako
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Posts: 2948
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8 years ago
If trade opens up between the two formerly autarkic countries, Australia and Belgium, then
A) the real income of both countries will increase.
B) the real income of Australia but not of Belgium will increase.
C) the real income of Australia and of Belgium will increase.
D) the real income of both countries may increase.
E) the real income of neither country will increase.
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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8 years ago
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Chako Author
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#2
8 years ago
Correct!
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#3
7 years ago
Don't forget to vote my answer as best Nerd Face
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