Figure 9-1
The figure illustrates the market for wool in Scotland.

-Refer to Figure 9-1.When trade is allowed,
A) Scotland producers of wool become better off and Scotland consumers of wool become worse off.
B) Scotland consumers of wool become better off and Scotland producers of wool become worse off.
C) both Scotland producers and consumers of wool become better off.
D) both Scotland producers and consumers of wool become worse off.
Correct Answer:
Verified
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