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Country A imports $40 of shirts and exports $40 of under wears. Its balance of trade is +10; E: -20). (A: -20; B-10; C: 0; D:

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter33: International Trade

Section: Chapter Questions

Problem 32P: In Exercise 33.31, is there an ask where Venezuelans may say no thank you to trading with Canada?

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Question

Country A imports $40 of shirts and exports $40 of under wears. Its balance of trade is_
+10; E: -20).
(A: -20; B-10; C: 0; D:

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