During 2005-2006 Europe Imported More Than $70 Million Worth of U.S

question 38

Multiple Choice

During 2005-2006 Europe imported more than $70 million worth of U.S. long-grain rice. Who gains from this trade?

• A) European rice consumers gain from trade.
• B) There is no gain from trade.
• C) European rice producers gain from trade.
• D) American rice consumers gain from trade.