When a country allows trade and becomes an exporter of goods consumers gain more than producers lose.
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Q9: Import tariffs in the United States are
Q10: If two countries produce both wheat and
Q11: Major U.S. exporters would be likely to
Q12: The inevitable cost of protecting domestic industries
Q13: The intended gains from U.S. tariffs and
Q15: A country that is half as productive
Q16: A nation can gain from international trade
Q17: A tariff on a good increases the
Q18: Trade occurs when a country has an
Q19: Tariffs contribute to higher prices of textile
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