Q
A product will be traded only if the pre-trade price difference between the two countries ?
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A
A. Is less than the cost of transporting it between them
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B
B. Is greater than the cost of transporting it between them equals the cost of transporting it between them
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C
C. Equals the cost of transporting it between them
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D
D. More information in needed to answer this
Correct Answer:
B. B. Is greater than the cost of transporting it between them equals the cost of transporting it between them