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Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 4
Labor is relatively abundant in Mexico compared with arable land. Explain who wins and who loses in Mexico as a result of the North American Free Trade Agreement (NAFTA), which liberalized trade between the U.S., Canada, and Mexico.
Explanation
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NAFTA:
NAFTA refers to the North Americ...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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