When a country allows trade and becomes an exporter of a good:

Name: When a country allows trade and becomes an exporter of a good:
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When a country becomes an exporter of a good, domestic producers benefit because they have access to a larger market for their goods, which can lead to higher sales and profits. However, domestic consumers are generally worse off because the domestic prices of the exported goods tend to increase due to higher demand, making these goods more expensive for local consumers.

When a Country Allows Trade and Becomes an Exporter of a Good