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Among the following, what conclusion can be given to the new trade theory? a) Acountry may export a good or import it, but not both.
Among the following, what conclusion can be given to the new trade theory?
a) Acountry may export a good or import it, but not both.
b) Consumers gain from the increases variety of goods that trade makes available.
c) Countries as a while must gain from trade.
d) Accountry can only hurt itself by using government policies to promote exports.
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