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Claim: If a country is going to trade in any case, then it would be better off if its industries were imperfectly competitive in the first place instead of perfectly competitive. In this way, our country would get to enjoy those larger gains from trade. Agree or disagree, explain in words (one or two paragraphs) and illustrate using production possibility frontiers and community indifference curves.

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M92740168
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