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When the Nation of Econoland Allows Trade and as a Result

Question 25

Multiple Choice

When the nation of Econoland allows trade and as a result becomes an exporter of televisions,


A) residents who produce televisions become worse off;residents who buy televisions become better off;and the economic well-being of Econoland rises.
B) residents who produce televisions become worse off;residents who buy televisions become better off;and the economic well-being of Econoland falls.
C) residents who produce televisions become better off;residents who buy televisions become worse off;and the economic well-being of Econoland rises.
D) residents who produce televisions become better off;residents who buy televisions become worse off;and the economic well-being of Econoland falls.

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