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When a Country That Imported a Particular Good Abandons a Free-Trade

Question 16

Multiple Choice

When a country that imported a particular good abandons a free-trade policy and adopts a no-trade policy,


A) producer surplus increases and total surplus increases in the market for that good.
B) producer surplus increases and total surplus decreases in the market for that good.
C) producer surplus decreases and total surplus increases in the market for that good.
D) producer surplus decreases and total surplus decreases in the market for that good.

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