Canada produces both lumber and wine.Canada exports lumber and imports wine.The rest of the world imports Canadian lumber and exports wine to Canada.When Canada exports lumber to the rest of the world and the rest of the world exports wine to Canada, _______ .
A) Canada's lumber producers gain
B) lumber producers in the rest of the world lose and wine producers in the rest of the world gain
C) Canada's wine producers lose
D) all of the above
E) none of the above
Correct Answer:
Verified
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