When a nation starts importing a good or service,the domestic production of the good or service
A) decreases.
B) stays the same.
C) increases.
D) might change, but more information about what the country exports is needed to determine if production increases, decreases, or does not change.
E) might change, but more information about what else the country imports is needed to determine if production increases, decreases, or does not change.

Question

Quizplus · Accepted Answer

When a nation starts importing a good or service, it means that it is buying it from other countries, and thus the domestic production of the same good or service is decreasing since the country is now relying on imports rather than producing it domestically.

When a Nation Starts Importing a Good or Service,the Domestic