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AP Microeconomics
Unit 2 – Supply and Demand
Topic 2.9
Unit 2 – Supply and Demand
2.9 International Trade and Public Policy
mixed difficulty
How does international trade impact competition in domestic markets?
International trade introduces competition, leading to improved efficiency and lower prices.
International trade restricts competition, resulting in higher prices and reduced efficiency.
International trade promotes collusion among domestic producers, reducing competition.
International trade has no impact on competition in domestic markets.
Study guides (1)
AP Microeconomics - 2.9 International Trade and Public Policy
Key terms
International Trade
Competition
Domestic markets
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