Some retailers in developing countries sell products from developed countries with high wages, but assure customers that
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Some retailers in developing countries sell products from developed countries with high wages, but assure customers that these goods are produced under high standards of quality. Is demanding that kind of guarantee the same as applying a subsidy on exports? Is there any way it can benefit consumers overseas?
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Demanding a guarantee of highquality standards for products from developed countries in developing countries is not the same as applying a subsidy on ...View the full answer
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Related Book For
International Economics Theory And Policy
ISBN: 9781292409719
12th Edition
Authors: Paul Krugman , Maurice Obstfeld, Marc Melitz
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