The effects of foreign competition on the U.S. textile industry would be studied by a microeconomist rather than a macroeconomist.

Name: The effects of foreign competition on the U.S. textile industry would be studied by a microeconomist rather than a macroeconomist.
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Microeconomics focuses on the actions of individuals and industries like the textile industry, including the impact of foreign competition on market structures and firm-level decisions.

The Effects of Foreign Competition on the U