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Figure 9-6 -When a Country That Exported a Particular Good Abandons a Good

Question 175

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Figure 9-6 Figure 9-6   -When a country that exported 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.
-When a country that exported 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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