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Suppose that a "small country" experiences growth strongly biased toward its export, cloth

Chako

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Suppose that a "small country" experiences growth strongly biased toward its export, cloth

Suppose that a "small country" experiences growth strongly biased toward its export, cloth
A) this will tend to worsen the country's terms of trade.
B) this will tend to improve terms of trade for the country's trading partner.
C) this will have no effect on terms of trade for the country's trading partner.
D) this will tend to worsen terms of trade for the country's trading partner.
E) this will tend to improve the country's terms of trade.

Textbook

International Economics: Theory and Policy

Edition: 10^th

Author: Krugman

Read 134 times

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Chako Author

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8 years ago

I doubted this website before I signed up. I regret not being a member earlier lol

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machukian

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7 years ago

Happy to help you!

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