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Which of the following is true when home and foreign countries experience growth biased toward its export and import good respectively. Question 13Select one: a.

Which of the following is true when home and foreign countries experience growth biased toward its export and import good respectively. Question 13Select one: a. change in terms of trade is ambiguous. b. terms of trade of foreign must worsen. c. terms of trade of home must worsen. d. home welfare must improve. e. terms of trade of foreign must improve

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