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Income distribution effects of trade refer to: Choose One -the fact that some factors gain more...

Income distribution effects of trade refer to: Choose One

-the fact that some factors gain more than other with trade.

-the fact that some factors gain and others lose with trade.

-the fact that some countries gain more than other with trade.

-the fact that some countries gain and others lose with trade.

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Answer #1

International trade affects the distribution of income of trade in specific factor model.

Factor specific in export sector gains from trade factor specific in import sector lose in each country.

Hence, the income distribution effects of trade refers to the fact that some factors gain and other lose with trade.

Answer: option (b)

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