Producers of exported goods are _________ as a result of trade and consumers of imported goods are _________ as a result of trade.
A) winners;losers
B) winners;winners
C) losers;winners
D) losers;losers
E) unaffected;unaffected
Correct Answer:
Verified
Q20: An open economy is one that
A) relies
Q21: The losers from trade are the _
Q22: If a tariff is placed on a
Q23: A tax imposed on an imported good
Q24: If a tariff is placed on a
Q26: A tariff is a
A) legal limit on
Q27: If a tariff is placed on a
Q28: A legal limit on the quantity of
Q29: Producers of imported goods are _ as
Q30: If the world price is greater than
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