The "Magnification Effect" Refers to the Fact That, When a Country

Multiple Choice

The "magnification effect" refers to the fact that, when a country is opened to trade,

A) the price of the export good rises.
B) real income is magnified even though the PPF does not change.
C) the price of the abundant factor rises faster than does the price of the export good.
D) the price of the scarce factor rises.