During 2005-2006 Europe imported more than $70 million worth of U.S. long-grain rice. How is the gain from trade distributed?
A) European rice consumers gain from trade.
B) There is no gain from trade.
C) European rice producers gain from trade.
D) American rice consumers gain from trade.
Correct Answer:
Verified
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A) the government by decreasing
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A) they
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