If Country A exports a good to Country B,who is made worse off?

Question

Quizplus · Accepted Answer

In this scenario, Country A is the exporter and Country B is the importer. The producers in Country A benefit from increased demand for their goods and are therefore not worse off. However, the producers in Country B may face increased competition and lower prices, thus making them worse off. Consumers in Country B benefit from access to goods at a lower price, but consumers in Country A may face less demand for their goods and lower prices, making them worse off. Therefore, the answer is D as it correctly identifies that the consumers in Country A and the producers in Country B are made worse off.

If Country a Exports a Good to Country B,who Is