In a Market That Moves from a Situation of No

question 99

Multiple Choice

In a market that moves from a situation of no trade to a situation where a good is imported,the price of the good ________,the quantity produced by the domestic industry ________,and producer surplus ________.

• A)rises;increases;increases
• B)falls;decreases;decreases
• C)does not change;increases;increases
• D)does not change;decreases;decreases
• E)rises;increases;decreases

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