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Trade Diversion Can Result in Trade with a ________ Efficient

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Short Answer

Trade diversion can result in trade with a ________ efficient producer within the trading bloc and reduced trade with a ________ efficient nonmember producer.


Definitions:

CO-poisoned Person

A person suffering from carbon monoxide poisoning, a potentially fatal condition caused by inhaling carbon monoxide gas.

Hemoglobin

A red protein responsible for transporting oxygen in the blood of vertebrates.

Waste Product

A material that is not needed and is discarded after a manufacturing process or metabolic activity.

Carbon Dioxide

A colorless, odorless gas (CO2) produced by burning carbon and organic compounds and by respiration, absorbed by plants in photosynthesis.

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