Which of the Following Groups Is Likely to Lose from Free

question 123

Multiple Choice

Which of the following groups is likely to lose from free trade?

• A) producers of an industry that has been protected from foreign competition
• B) consumers purchasing goods and services
• C) firms aware of the potential gain from free trade
• D) foreign producers buying quota rights to sell goods in the domestic market
• E) domestic producers importing raw materials for the production of manufactured goods