Table 1314 Shows the Output of Kumquats Per Month

question 21

Multiple Choice

Table 13.14 shows the output of kumquats per month.

-Which of the following statements about the impact of the introduction of free trade is correct?

• A)It results in higher prices for domestic producers.
• B)It results in lower prices for foreign producers.
• C)It results in higher prices for foreign consumers.
• D)It results in higher prices for domestic consumers.

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Definitions:

Nations

Large groups of people united by common descent, history, culture, or language, inhabiting a particular country or territory.

Biopiracy

The practice of commercially exploiting naturally occurring genetic material or biochemical compounds, often from developing countries, without compensating the indigenous peoples or countries.

Intellectual Property Protection

Legal measures and rights granted to creators and owners to secure and enforce their claims over their own innovations, writings, music, designs, or other types of intellectual creation.

DNA Theft

The unauthorized collection, use, or analysis of another person's genetic material without their consent, raising ethical and privacy concerns.