Discuss all the likely consequences which may occur


Problem

Discuss all the likely consequences which may occur (e.g. in terms of resource redeployment. factor prices, income distribution) when a hitherto closed labor-abundant country suddenly opens up to trade.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Discuss all the likely consequences which may occur
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