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(Figure: Market for TVs 2) the World Price of Televisions

Question 70

Multiple Choice

(Figure: Market for TVs 2) The world price of televisions is $400. According to the figure, opening up to international trade will _____ the domestic producer surplus and _____ the domestic consumer surplus.
(Figure: Market for TVs 2)  The world price of televisions is $400. According to the figure, opening up to international trade will _____ the domestic producer surplus and _____ the domestic consumer surplus.   A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease


A) increase; increase
B) increase; decrease
C) decrease; increase
D) decrease; decrease

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