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When a Nation Exports a Good or Service, the Nation's

Question 38

Multiple Choice

When a nation exports a good or service, the nation's consumer surplus ________, its producer surplus ________, and its total surplus ________.


A) increases; decreases; decreases
B) decreases; decreases; decreases
C) increases; decreases; increases
D) increases; increases; increases
E) decreases; increases; increases

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