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If Opening Up International Trade Resulted in the U

Question 103

Multiple Choice

If opening up international trade resulted in the U.S. importing ballpoint pens, what would tend to happen to the U.S. price of ballpoint pens?


A) ​The domestic price will fall.
B) ​The domestic price will rise.
C) ​The domestic price will remain constant.
D) ​It is impossible to predict the impact.

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