Lecture Accounting information systems basic concepts and current issues (4th edition): Chapter 7 - Robert L. Hurt
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After completing this chapter, students will be able to: Review the partial equilibrium, general equilibrium, and growth models and distinguish the distribution of the welfare gains and losses from international trade, explain the strategic trade and infant industry arguments for protection, distinguish the assumptions that must be satisfied for the strategic trade and infant industry arguments for protection to be valid.
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