When a Country Allows Trade and Becomes an Exporter of Bicycles

Multiple Choice

When a country allows trade and becomes an exporter of bicycles,

A) domestic producers of bicycles are worse off,domestic consumers of bicycles are better off,and the economic well-being of the country rises.
B) domestic producers of bicycles are worse off,domestic consumers of bicycles are better off,and the economic well-being of the country falls.
C) domestic producers of bicycles are better off,domestic consumers of bicycles are worse off,and the economic well-being of the country rises.
D) domestic producers of bicycles are better off,domestic consumers of bicycles are worse off,and the economic well-being of the country falls.