When a Country Allows Trade and Becomes an Importer of Bottled

question 103

Multiple Choice

When a country allows trade and becomes an importer of bottled water,which of the following is not a consequence?

• A)The gains of domestic consumers of bottled water exceed the losses of domestic producers of bottled water.
• B)The losses of domestic producers of bottled water exceed the gains of domestic consumers of bottled water.
• C)The price paid by domestic consumers of bottled water decreases.
• D)The price received by domestic producers of bottled water decreases.

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Definitions:

Economic Positions

The status or place of individuals or groups within the economic structure of society, influenced by factors like income, wealth, and occupation.

Political Action Committees

Organizations that collect funds from members and donate those funds to campaign for or against political candidates, legislation, or policies.

Legitimate Right

A recognized or sanctioned entitlement or authority within a social or legal framework.

Wield Power

To have control or authority over others, often used in the context of politics, leadership, or social influence.