FINANCE 4504 (FINANCE 4504)
University Of West Florida
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ECON 475 Fall 2020 Practice final exam 1 BEST STUDY GUIDE WITH ANSWERS AND WORK OUT
- Exam (elaborations) • 16 pages • 2020
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ECON 475 
Fall 2020 Practice final exam 1 
 
There are 10 True/False questions with a value of 30 points, and 4 written questions worth a total of 80 points. You have 2 hours to complete the exam. Please allocate your time accordingly. 
 
True/False (Questions 1-10). You do not need to show your work. 
 
 
1.	In the heterogeneous firm model of trade, firms charging the highest prices gain from trade. 
 
2.	Empirical evidence supports that large migration waves do not reduce wages of low-skill na...
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