A no-trade world will have which of the following characteristics:

1.	A no-trade world will have which of the following characteristics:
A.	countries will have same relative endowments of production factors
B.	consumers across countries will have identical and homogenous tastes
C.	there will be no distortions or externalities
D.	all of the above
Answer» E.

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A no-trade world will have which of the following characteristics:

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