The Effect of Trade on Income Distribution

question 32

Multiple Choice

The effect of trade on income distribution

• A)implies that there are no real gains from trade.
• B)is insignificant in the short run.
• C)refutes the model of comparative advantage.
• D)can be significant in the short run.
• E)is positive for all segments of an economy.

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Definitions:

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Male reproductive cells that carry genetic information and are capable of fertilizing an egg.

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Sexually transmitted disease caused by the herpes simplex virus (both type 1 and type 2).

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