LDCs often have a comparative advantage in the production of ?
Output fell sharply in the transition economies because ?
If goods are exported for less than society’s marginal production cost and the marginal benefit to domestic consumers, it is likely that they benefit from?
A tariff causes domestic firms to ________ and consumers to?
The level of the equilibrium exchange rate offsets international differences in ?
International difference is opportunity costs lead to countries acquiring ?
To prevent the external value of the currency from falling the government might ?
The marginal propensity of consume is equal to ?
The terms of trade measure ?
If a country can produce 10 of product A or 4 of product B the opportunity cost of 1B is ?
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