LO3 Explain how the price of a tradable good is set in a closed versus an open

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LO3 Explain how the price of a tradable good is set in a closed versus an open economy, how the quantities of imports or exports are determined, and discuss who are the winners and losers from trade.

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Principles Of Microeconomics

ISBN: 9781264250387,9781264250448

8th Edition

Authors: Robert H. Frank , Ben Bernanke , Kate Antonovics , Ori Heffetz

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