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CLEP Economics Exam Prep

Category - Economics

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Two countries are currently trading with each other. The countries agree to remove all trade restrictions on products traded between them. Which of the following is most likely to decrease?

The variety of goods available
The prices of imported goods
The quality of goods available
The amount of imported goods

Explanation

Answer: B - Two countries are currently trading with each other. The countries agree to remove all trade restrictions on products traded between them. The prices of imported goods most likely to decrease.

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CLEP Economics Exam Prep

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CLEP Economics Exam Prep

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