Once trade begins, a country will tend to specialize completely in the production of its export good

Indicate whether the statement is true or false

TRUE

Economics

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In a perfectly competitive market, all firms in the long run earn:

A) positive economic profit. B) positive accounting profit. C) zero economic profit. D) zero accounting profit.

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In Obamacare (the Affordable Care Act) gives low-income families

A) vouchers for healthcare. B) subsidies to buy private healthcare insurance. C) full access to Medicaid. D) full access to Medicare..

Economics