Multiple Choice
Compared to the no-trade situation, when a country exports a good,
A) domestic consumers gain, domestic producers lose, and the gains outweigh the losses.
B) domestic producers gain, domestic consumers lose, and the gains outweigh the losses.
C) domestic consumers gain, domestic producers lose, and the losses outweigh the gains.
D) domestic producers gain, but domestic consumers lose an equal amount.
Correct Answer:

Verified
Correct Answer:
Verified
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