Which of the Following Is True

Multiple Choice

Which of the following is true?
i.Compared to a no-trade situation,in a market with exports,consumer surplus is larger.
ii.Tariffs decrease consumer surplus.
iii.Trade is restricted because protection brings small losses to a large number of people and large gains to a small number of people.

A) only i
B) only ii
C) only iii
D) i and iii
E) ii and iii