If a Country Unilaterally Removes All Trade Restrictions

Multiple Choice

If a country unilaterally removes all trade restrictions,

A) individual gains will tend to be larger in magnitude than individual losses.
B) it will gain because all other countries' markets will be more open.
C) it can prevent large adjustment costs.
D) individual gains will tend to be smaller in magnitude than individual losses.
E) everybody in the country will be better off.