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When a country moves from autarky to free trade, it experiences net gains from exporting goods and net losses from importing goods. Discuss?
When a country moves from autarky to free trade, it experiences net gains from exporting goods and net losses from importing goods. Discuss?
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Trade in general benefits a country because it can receive goods it cannot produce as efficiently domestically in turn enabling it to focus on produci...
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Microeconomics
Authors: Dean S. Karlan, Jonathan J. Morduch
2nd edition
1259813337, 1259813339, 978-1259813337
