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Multiple Choice: There is only one correct answer In the model of monopolistic competition and trade discussed in class, market integration a) reduces the varieties

Multiple Choice: There is only one correct answer

In the model of monopolistic competition and trade discussed in class, market integration

a) reduces the varieties of products for consumers

b) reduces the number of companies in the world.

c) reduces the output of each company

d) raises the price of each variety of the product

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