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Compared to the No-Trade Situation, When a Country Imports a Good

Question 94

Multiple Choice

Compared to the no-trade situation, when a country imports a good:


A) ​domestic consumers gain, domestic producers lose, and the gains outweigh the losses.
B) ​domestic consumers lose, domestic producers gain, and the gains outweigh the losses.
C) ​domestic consumers gain, domestic producers lose, and the losses outweigh the gains.
D) ​domestic consumers gain, domestic producers lose an equal amount.

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