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week 8 discussion Microeconomic. 75-150 words. Need to be in your own words

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Imports increase the domestic supply and lead to lower prices for consumers.  Exports reduce the domestic supply and push price upward.  The net effect of international trade is an expansion in total output and higher income levels for both trading partners (law of comparative advantages).
Expert Business Solution Preview for week 8 discussion Microeconomic. 75-150 words. Need to be in your own words

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