Multiple Choice
Use the information below to answer the following questions.
Fact 31.3.2
With free trade between Australia and Canada, Australia would export beef to Canada. But Canada imposes an import quota on Australian beef.
-Refer to Fact 31.3.2. Canadian gains from trade will ________ and Australian gains from trade will ________.
A) increase; decrease
B) decrease; decrease
C) decrease; increase
D) increase; increase
E) not change; not change
Correct Answer:
Verified
Correct Answer:
Verified
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