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Which of the following is not true if the foreign country experiences growth strongly biased toward its import, food Question 13Select one: a. this will
Which of the following is not true if the foreign country experiences growth strongly biased toward its import, food Question 13Select one: a. this will definitely reduce home welfare.. b. this will definitely improve foreign welfare. c. this will tend to improve the foreign country's terms of trade. d. this will tend to worsen the home country's terms of trade. e. welfare of both countries must improve
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