If free trade occurs, consumers in the net exporting country will be _____ off, and consumers in the net importing country will be _____ off than before trade.

Question

Quizplus · Accepted Answer

Consumers in the net exporting country may face higher prices due to increased demand from abroad, making them worse off. Conversely, consumers in the net importing country benefit from lower prices and increased variety, making them better off.

If Free Trade Occurs, Consumers in the Net Exporting Country