When a nation exports a good, its ________ surplus decreases and its ________ surplus increases.

Name: When a nation exports a good, its ________ surplus decreases and its ________ surplus increases.
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When a nation exports a good, its consumer surplus decreases because domestic consumers now have to pay a higher price due to some of the goods being sold abroad. Its producer surplus increases because producers can sell their goods at a higher price on the international market.

When a Nation Exports a Good, Its ________ Surplus Decreases