True or False Questions Evaluate whether the following statements are True or Fa

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True or False Questions Evaluate whether the following statements are True or False and provide a brief explanation. An unregulated monopoly will always lose market power in the presence of free trade. Export-biased growth in the Home country will improve the terms of trade of the foreign country (you may assume countries are already trading). According to the standard trade model, an export subsidy improves the welfare of the country providing the subsidy at the expense of the rest of the world. 1. 2. 3.

Explanation / Answer

Ans

A True because now w there are more suppliers and more competition

B false Foreign nations demand also influence situation

C false. No such thing happens

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