Q
Difference in environmental standards or other government regulations among nations ?
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A
A. Have no impact on patterns of international trade
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B
B. Have tended to make u.s steel companies more competitive internationally
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C
C. Can affect production costs and thus alter comparative advantages and trade patterns
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D
D. Have been eliminated by the nations participating in nafta
Correct Answer:
C. C. Can affect production costs and thus alter comparative advantages and trade patterns