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Economics, 6/e
Stephen L. Slavin
International Trade
Chapter 32 - International Trade
1
Our trade deficits with Japan and China were both over $
in 2000.
2
If the dollar were to fall, that would tend to
our trade deficit.
3
About
our high school math and science teachers are unqualified to teach their subjects.
4
Most of the jobs lost to imports in recent years have been in the
sector.
5
The law of
states that total output is greatest when each product is made by the country that has the lowest opportunity cost.
6
Our trade deficits have been over $100 billion since
.
2002 McGraw-Hill Higher Education
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