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According to Mazumdar's Theory (1992) and Lewer and Van Den

Question 37

Multiple Choice

According to Mazumdar's theory (1992) and Lewer and Van den Berg's (2001, 2003) empirical results, who gains the most from trade?


A) countries who import mainly capital goods.
B) countries who import mainly consumption goods.
C) countries who are closed and do not trade.
D) none of the above.

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