Which of the following groups gain from international trade?
i.producers of exported goods
ii.domestic consumers of imported goods
iii.workers in exporting firms
A) i only
B) ii only
C) iii only
D) i and iii
E) i, ii, and iii

Question

Quizplus · Accepted Answer

All three groups can potentially gain from international trade. Producers of exported goods benefit from increased demand and access to larger markets, domestic consumers benefit from access to a wider variety of goods at lower prices, and workers in exporting firms benefit from increased employment opportunities and higher wages. Therefore, all options are correct.

Which of the Following Groups Gain from International Trade