Econ exam help

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#1 1 May, 2015 - 06:13
Joined: 2 years 12 months ago

Econ exam help

I have my econ exam coming up in a few days, and I was wondering if anyone could help me memorise this?

Free trade benefits:
Lower prices for consumers
Greater choice for consumers
The ability of producers to benefit from economies of scale
The ability to acquire needed resources
A more efficient allocation of resources
Increased competition
Enables technology and ideas to spread faster

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