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If the US Exports Machines and India Exports Cloth, Which of the of the Following

Question 1

Multiple Choice

If the U.S. exports machines and India exports cloth, which of the following statements would be "false" ?


A) India can consume more with trade.
B) The U.S. can consume more with trade.
C) World production of machines and cloth will rise.
D) India would be worse off because they would consume less.

Correct Answer:

Answered by Quizplus AI

Answered by Quizplus AI

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