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Which of the following is a fallacy of international trade? Select one: a.Trade is a zero-sum activity b.Exports increase employment in exporting industries c.Import restrictions
Which of the following is a fallacy of international trade?
Select one:
a.Trade is a zero-sum activity
b.Exports increase employment in exporting industries
c.Import restrictions increase employment in import-competing industries
d.Tariffs and quotas reduce trade volume
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