If a country begins to import a good,
A)it has a comparative advantage in producing that good
B)it has a comparative advantage in consuming that good
C)domestic consumers are made better off
D)domestic producers are made better off
E)both domestic consumers and domestic producers are harmed

Question

Quizplus · Accepted Answer

When a country imports a good, domestic consumers benefit from a greater variety of goods at potentially lower prices, while domestic producers may face increased competition.

If a Country Begins to Import a Good