ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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(41) Even if basic economic theory is correct - and gains from trade between nations exist - free(er) trade between nations is often unpopular. A reason this m
be the case is that
O a. (a)
Ob. (b)
gains from freer trade are highly concentrated, while costs are widely dispersed.
costs from freer trade are highly concentrated, while benefits are widely dispersed.
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Transcribed Image Text:(41) Even if basic economic theory is correct - and gains from trade between nations exist - free(er) trade between nations is often unpopular. A reason this m be the case is that O a. (a) Ob. (b) gains from freer trade are highly concentrated, while costs are widely dispersed. costs from freer trade are highly concentrated, while benefits are widely dispersed.
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