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Country A and B form a free trade zone. Before this, Country A imports machineary from another country with lower price. After this, Country A
Country A and B form a free trade zone. Before this, Country A imports machineary from another country with lower price. After this, Country A starts importing the same machinery from Country B with a higher price. This result of free trade zone is called Group of answer choices Trade creation Efficiency gain Trade deficit Trade diversion
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Basic Econometrics
Authors: Damodar N. Gujrati, Dawn C. Porter
5th edition
73375772, 73375779, 978-0073375779
