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  • 2021-04-14
    In the Linder theory of trade, a country sends goods to other countries which , and the greatest trade of a country is expected to be with countries which have per capita income levels that of the original country.
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    • If there are large disparities in wage levels between countries, then A: trade is likely to be harmful to both countries. B: trade is likely to be harmful to the country with the high wages. C: trade is likely to be harmful to the country with the low wages. D: is likely to be harmful to neither country.
    • For every 10% increase in the importance of a country's international trade in an economy, the per capita income level will rise by at least 5%. ()
    • Trade between two countries can benefit both countries if() A: each country exports that good in which it has comparative advantage. B: each country enjoys superior terms of trade. C: each country has a more elastic demand for imported goods. D: each country has a more elastic supply for the exported goods.
    • Which country is on a different island from the other three countries? </p></p>
    • Silk-horse Trade refers to the trade between China with which country? .

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      income country other be goods country. that and of have per greatest which original in linder expected is countries sends the with trade to theory levels capita

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