QUESTION 41 41. The conditions necessary for international exchange to be mutually beneficial include: government protection of domestic industry against unfair foreign competition the ability of parties to the exchange to calculate their costs and benefits, and absence of coercion and fraud no transaction costs all the above
QUESTION 41 41. The conditions necessary for international exchange to be mutually beneficial include: government protection of domestic industry against unfair foreign competition the ability of parties to the exchange to calculate their costs and benefits, and absence of coercion and fraud no transaction costs all the above
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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