When a Country Adopts Free Trade and Becomes a Net

question 76

Multiple Choice

When a country adopts free trade and becomes a net exporter of a good, that good:

• A) becomes cheaper for domestic consumers.
• B) becomes more expensive for domestic consumers.
• C) does not change in price.
• D) may get cheaper or more expensive for domestic consumers.

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Definitions:

Metamorphism

The mineralogical and structural changes of solid rock in response to changes in environmental conditions, especially at depth.

Solidification

The process in which magma cools and hardens into solid rock, with or without the formation of crystals.

Meteorites

Solid pieces of debris from objects such as asteroids or comets that have survived their passage through the Earth's atmosphere and landed on the surface.

Sedimentary

relating to rock that has formed from sediment deposited by water, wind, or ice.