Because the price of an exported good ________, then ________ lose from exports.
A) rises; domestic consumers
B) falls; domestic consumers
C) rises; domestic producers
D) falls; domestic producers
Correct Answer:
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Q20: The fundamental force that drives international trade
Q21: Which of the following statements about U.S.
Q22: The United States has a comparative advantage
Q23: Tariffs and import quotas both result in
A)
Q24: _ gain from exports and _ lose
Q26: Because the price of an imported good
Q27: _ gain from imports and _ lose
Q28: In the domestic economy, imports _ the
Q29: Compared to the situation before international trade,
Q30: A tax that is imposed by the
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