MCQOPTIONS
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| 1. |
By reducing the volume of trade transportation costs tend to ? |
| A. | stop the process of product price equalization and factor price equalization before they are complete: |
| B. | ensure that the process of product price equalization and factor price equalization are complete |
| C. | eliminate all of the feasible gains from international trade |
| D. | maximize all of the feasible gains from international trade |
| Answer» B. ensure that the process of product price equalization and factor price equalization are complete | |