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Chako Chako
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8 years ago
A game-theory explanation of the paradox that even though all countries would benefit if each chose free trade, in fact each tends to follow protectionist policies is
A) prisoner's dilemma.
B) rent seeking.
C) collective action.
D) trade war.
E) benefit-cost analysis.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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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
Good answer, thank you
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#3
7 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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