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Use the following information to answer the Questions
Suppose that the continuous distribution of voters' ideal points is the bent solid line below.
-Assuming Candidate A and Candidate B's policy positions are 2.7 and 3.3, determine whether Candidate C can enter and win the election.
Unfavorable Balance
A situation where a country imports more than it exports, resulting in a trade deficit.
Balance of Trade
The difference in value between a country's imports and exports over a given period, indicating trade surplus or deficit.
Tariffs
Taxes imposed by a government on imported or exported goods to regulate trade, often used to protect domestic industries from foreign competition.
Merchandise Trade Deficit
The situation that occurs when a country imports more goods than it exports, leading to a negative trade balance.
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