Which of the following is one of the implications of the New Trade Theory? Group of answer choices A country can gain by using government policies to promote exports. Consumers lose from the lower quality of goods that trade makes available. Countries as a whole must gain from trade. A country may export a good or import it, but not both.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Which of the following is one of the implications of the New Trade Theory?
Group of answer choices
A country can gain by using government policies to promote exports.
Consumers lose from the lower quality of goods that trade makes available.
Countries as a whole must gain from trade.
A country may export a good or import it, but not both.
 
 
 
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