When Canada exports a good,the amount of the ________ in Canada's consumer surplus is ________ the amount of the ________ in Canada's producer surplus.

Question

Quizplus · Accepted Answer

When Canada exports a good, the consumer surplus decreases because domestic consumers face higher prices, but the producer surplus increases by a larger amount due to higher prices and increased sales abroad.

When Canada Exports a Good,the Amount of the ________ in Canada's