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Consider Figure 4,2. With free trade, the United States achieves market equilibrium at a price of At this price. of steel are produced by U.S.

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Consider Figure 4,2. With free trade, the United States achieves market equilibrium at a price of At this price. of steel are produced by U.S. firms, are bought by U.S. buyers, and are imported. Consider Figure 4,2. With free trade, the United States achieves market equilibrium at a price of At this price. of steel are produced by U.S. firms, are bought by U.S. buyers, and are imported

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