When a Country Allows Trade and Becomes an Importer of a Good

question 36

Multiple Choice

When a country allows trade and becomes an importer of a good, which of the following is NOT true?

• A)the gains of domestic consumers exceed the losses of domestic producers
• B)the losses of domestic producers exceed the gains of domestic consumers
• C)the price paid by domestic consumers of the good decreases
• D)the price received by domestic producers of the good decreases

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Definitions:

Participatory-Action Research

A research approach involving all relevant stakeholders in the research process, aimed at effecting change and improving practices or understanding.

Community Practice

The application of professional skills and knowledge to benefit a specific community, addressing its needs and challenges through participatory and collaborative methods.

Organization-Based Action Research

A collaborative form of inquiry conducted by and for those taking the action to solve an organizational problem or improve strategies.

Actualizing Values

The process of making personal or collective values active and expressed in behaviors, decisions, and lifestyle.