Which of the following is some evidence we discussed in lecture that trade affects firms of different productivities differently?   A) high cost firms were most likely to begin selling goods from Canada to the US when the two countries signed a trade agreement.    B) Countries with smaller firms were less likely to gain from trade    C) low productivity firms faced with Chinese import competition were more likely to shrink and shut down compared with higher productivity firms

Economics For Today
10th Edition
ISBN:9781337613040
Author:Tucker
Publisher:Tucker
Chapter28: International Trade And Finance
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Which of the following is some evidence we discussed in lecture that trade affects firms of different productivities differently?

 

A) high cost firms were most likely to begin selling goods from Canada to the US when the two countries signed a trade agreement. 

 

B) Countries with smaller firms were less likely to gain from trade 

 

C) low productivity firms faced with Chinese import competition were more likely to shrink and shut down compared with higher productivity firms

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