Senator Ernest Hollings once wrote that consumers do not benefit from lower-priced imports. Glance through some mail-order

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Senator Ernest Hollings once wrote that “consumers do not benefit from lower-priced imports. Glance through some mail-order catalogs and you’ll see that consumers pay exactly the same price for clothing whether it is U.S.-made or imported.” Comment.

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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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