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-If the World Price of a Good Is Below the No-Trade

Question 85

Multiple Choice

-If the world price of a good is below the no-trade domestic price, a country A) will benefit from importing the good. B) cannot benefit from trade. C) has a comparative advantage in the production of that good. D) will benefit from exporting the good. E) will not engage in trade for that good.
-If the world price of a good is below the no-trade domestic price, a country


A) will benefit from importing the good.
B) cannot benefit from trade.
C) has a comparative advantage in the production of that good.
D) will benefit from exporting the good.
E) will not engage in trade for that good.

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