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When the world equilibrium relative price of a good lies between the two pre-trade national equilibrium relative prices, then Multiple choice question. only the country
When the world equilibrium relative price of a good lies between the two pre-trade national equilibrium relative prices, then Multiple choice question. only the country importing the good realizes a gain. both countries unambiguously gain from trade. only the country exporting the good realizes a gain
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The Economics of Public Issues
Authors: Roger LeRoy Miller, Daniel K. Benjamin, Douglass C. North
19th edition
134018974, 134018973, 9780134020532 , 978-0134018973
