For each unit of exports lost, _________will fall by the difference in the value of the exports.
A)Real income
B)Unit size
C)Carrier bloc
D)None of the above

Question

Quizplus · Accepted Answer

If a unit of exports generates more welfare than would alternative uses of the resources taken to produce it, losing exports is costly. For each unit of exports lost, real income will fall by the difference in the value of the exports, the imports that they buy, and their value in the domestic economy.

For Each Unit of Exports Lost, _________Will Fall by the Difference