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Economists Argue for Free Trade in Import Markets Because

Question 174

Multiple Choice

Economists argue for free trade in import markets because


A) all consumers and producers benefit from importing goods.
B) the gains to the U.S. producers outweigh the losses to the U.S. consumers.
C) the gains to the U.S. consumers outweigh the losses to the U.S. producers.
D) no one is made worse off by importing goods.
E) importing goods decreases total surplus.

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