A country opens up to trade.In an export industry,surplus is redistributed from

Name: A country opens up to trade.In an export industry,surplus is redistributed from
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When a country opens up to trade in an export industry, producers can sell their goods at higher prices on the international market, which increases their revenue and surplus. This comes at the expense of domestic consumers, who now have to pay higher prices for those goods, reducing their consumer surplus.

A Country Opens Up to Trade