When the nation of Econoland allows trade and as a result becomes an exporter of televisions,
A) residents who produce televisions become worse off;residents who buy televisions become better off;and the economic well-being of Econoland rises.
B) residents who produce televisions become worse off;residents who buy televisions become better off;and the economic well-being of Econoland falls.
C) residents who produce televisions become better off;residents who buy televisions become worse off;and the economic well-being of Econoland rises.
D) residents who produce televisions become better off;residents who buy televisions become worse off;and the economic well-being of Econoland falls.
Correct Answer:
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