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Which of the following is true when there is international free trade? a. Unfair trade is completely eliminated b. Buyers of imported products in all
Which of the following is true when there is international free trade?
a.
Unfair trade is completely eliminated
b.
Buyers of imported products in all countries pay lower prices
c.
Employment decreases in industries of comparative advantage
d.
Total production in the world is higher and based on absolute advantage
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