POS 486 : Political Economy (POS 486)

providing gains in the form of increased revenue to domestic producers 2. lowering the price, thereby increasing the quantity demanded See Chapter 3, "The Economic Case for Free Trade" and Lecture 3 • Question 2 In a liberalized country with an abundance of labor and land but little capital, we would expect Selected Answer: Correct Answer: Response Feedback: 2. agricultural interests to be export- oriented 2. agricultural interests to be export- oriented See Oatley Chapter 4 & Lecture 4 ...

providing gains in the form of increased revenue to domestic producers 2. lowering the price, thereby increasing the quantity demanded See Chapter 3, "The Economic Case for Free Trade" and Lecture 3 • Question 2 In a liberalized country with an abundance of labor and land but little capital, we would expect Selected Answer: Correct Answer: Response Feedback: 2. agricultural interests to be export- oriented 2. agricultural interests to be export- oriented See Oatley Chapter 4 & Lecture 4 ...

Free trade alters supply and demand by Selected Answer: 4. providing gains in the form of increased revenue to domestic producers Correct Answer: 2. lowering the price, thereby increasing the quantity demanded Response Feedback: See Chapter 3, "The Economic Case for Free Trade" and Lecture 3  Question 2 In a liberalized country with an abundance of labor and land but little capital, we would expect Selected Answer: 2. agricultural interests to be exportoriented Correct Answer: 2. agricultur...