MCQOPTIONS
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| 1. |
A feasible effect of international trade is that a (an) ? |
| A. | Monopoly in the home market becomes an oligopoly in the world market |
| B. | Oligopoly in the home market becomes a monopoly in the world market |
| C. | Purely competitive firm in the home market becomes an oligopolist |
| D. | purely competitive firm in the home market becomes a monopolist |
| Answer» B. Oligopoly in the home market becomes a monopoly in the world market | |