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If Kenya sees coffee prices increase by 30% as a result of trade with USA, while USA sees coffee prices fall 10% as a result
If Kenya sees coffee prices increase by 30% as a result of trade with USA, while USA sees coffee prices fall 10% as a result of trading with Kenya, we can conclude: Group of answer choices USA and Kenya both gain from trade. Kenya gained 3 X as much from trade as the USA. Kenya gains 3 X as much as the USA, and both gain from trade. USA gained 3 X as much from trade as Kenya
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Microeconomics Principles, Problems, And Policies
Authors: Campbell McConnell
21st Edition
1259915727, 9781259915727
