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The Opportunity to Exploit Economies of Scale Is One of the Gains

Question 7

Multiple Choice

The opportunity to exploit economies of scale is one of the gains to be derived by removing tariffs and other trade distortions.These gains will be the result of a decrease in


A) international labor mobility.
B) world prices of imports.
C) the production distortion loss triangle.
D) excessive entry and inefficient business practices.
E) the consumption distortion loss triangle.

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