Compared to the no-trade situation, when a country imports a good
A.
domestic consumers gain, domestic producers lose, and the gains outweigh the losses.
B.
domestic consumers lose, domestic producers gain, and the gains outweigh the losses.
C.
domestic consumers gain, domestic producers lose, and the losses outweigh the gains.
D.
domestic consumer gain, but domestic producers lose an equal amount.
Exam No:AP Macroeconomics Problem Set 3 Year:2024 Question No:APMacroeconomics2024AP0117
Answer:
A
Knowledge points:
6.2 Exchange Rates
Solution:
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