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Aaliyah Coles
on Oct 12, 2024

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Despite the long-term mutual gains from international trade,in the short run

A) particular firms,industries,and groups of workers can be harmed substantially by imports.
B) international trade is usually inflationary.
C) countries must learn to be self-sufficient.
D) most countries realize mutual net losses.

Mutual Gains

A situation or outcome in negotiation or economics where all parties involved benefit or profit.

International Trade

The exchange of goods, services, and capital across international borders or territories.

Inflationary

Related to or indicative of the increase in prices of goods and services over time, leading to a decrease in the purchasing power of money.

  • Assess the short-term and long-term effects of international trade on industries, workers, and consumers.
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Marie NinamouOct 18, 2024
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