Multiple Choice
When a country opens up to trade in a good for which it has a comparative advantage,and the country begins to export the good,we can conclude that
A) the domestic price will fall after trade opens up.
B) both buyers and sellers in that country will be better off as a consequence of opening up the market to international trade.
C) the total surplus for this good will increase as a result of opening up the market to international trade.
D) opening the market to international trade will create a deadweight loss.
Correct Answer:

Verified
Correct Answer:
Verified
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