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When a Country Allows Trade and Becomes an Exporter of Silk

Question 139

Multiple Choice

When a country allows trade and becomes an exporter of silk, which of the following is not a consequence?


A) The price paid by domestic consumers of silk increases.
B) The price received by domestic producers of silk increases.
C) The losses of domestic consumers of silk exceed the gains of domestic producers of silk.
D) The gains of domestic producers of silk exceed the losses of domestic consumers of silk.

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