Hal Varian, chief economist at Google, has made the following two observations about international trade. a. Trade

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Hal Varian, chief economist at Google, has made the following two observations about international trade.
a. Trade allows a country "to produce more with less."
b. "There is little doubt who wins [from trade] in the long run: consumers."
Briefly explain whether you agree with either or both of these observations.
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Microeconomics

ISBN: 9780135952955

8th Edition

Authors: Glenn Hubbard, Anthony Patrick O Brien

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