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With Free Trade and Imports, _____

Question 49

Multiple Choice

With free trade and imports, _____.


A) domestic consumers benefit from paying a lower price for goods
B) domestic producers benefit from selling their goods at the higher world price
C) the world supply to the domestic market curve is perfectly inelastic
D) domestic consumers lose a significant percentage of their surplus
E) the world supply to the domestic market curve is perfectly elastic

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