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

question 72

Multiple Choice

When a country allows trade and becomes an exporter of a good,

• A)consumer surplus and producer surplus both increase.
• B)consumer surplus and producer surplus both decrease.
• C)consumer surplus increases and producer surplus decreases.
• D)consumer surplus decreases and producer surplus increases.

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Definitions:

Cash Budgets

Detailed plans that estimate future cash receipts and disbursements, helping organizations manage their cash flow.

High-potential Ventures

Enterprises with a strong capacity for growth and the ability to generate significant returns.

Founders

Individuals who establish and begin businesses, organizations, or startups, taking on the risks and responsibilities of creating something new.

Inventory Sale

A transaction involving the sale of products that a company has in stock, typically aimed at reducing excess inventory.