When a Country Allows Trade and Becomes an Importer of Steel

Multiple Choice

When a country allows trade and becomes an importer of steel,

A) the losses of the domestic producers of steel exceed the gains of the domestic consumers of steel.
B) the losses of the domestic consumers of steel exceed the gains of the domestic producers of steel.
C) the gains of the domestic producers of steel exceed the losses of the domestic consumers of steel.
D) the gains of the domestic consumers of steel exceed the losses of the domestic producers of steel.