International agricultural trade UE Past Papers Questions.
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(3115) Question Category: True OR False When Tanzania started to export maize to Zambia in increasing quantities, South African maize exports fell, this shows that some countries may be made absolutely worse off through international trade. Answer / Solution UNSOLVED |
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(3116) Question Category: True OR False As long as the world price of a commodity is below the home country`s equilibrium price there are potentials for some exports to the rest of the world. Answer / Solution UNSOLVED |
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(3117) Question Category: True OR False As a nation always there is a positive gain from trade but some groups in the nation are either worse off or better off. Answer / Solution UNSOLVED |
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(3118) Question Category: True OR False No country can have comparative advantage on everything Answer / Solution UNSOLVED |
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(3119) Question Category: True OR False The basis for trade between nations is the differences in input prices and relative productivity of inputs and these differences do affect the price of output. Answer / Solution UNSOLVED |
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