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The country of Turkey has applied to join the European Union (EU) but has not been admitted into the EU yet. Turkey's neighbor, Greece, is
The country of Turkey has applied to join the European Union (EU) but has not been admitted into the EU yet. Turkey's neighbor, Greece, is already a member of the EU. Suppose Turkey is admitted into the EU, significantly reducing trade barriers between Turkey and Greece. If Turkey has a large pool of low-wage workers and a comparative advantage in fruit production, what will be the likely short-term effect? Group of answer choices an increase in wages for fruit workers in Turkey an increase in wages for fruit workers in Greece an increase in the price of fruit in Greece an increase in tariffs on fruit imports from Turkey
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