If the World Price of a Good Is Below the No-Trade

question 112

Multiple Choice

If the world price of a good is below the no-trade domestic price,a country

• A) will benefit from exporting the good.
• B) will benefit from importing the good.
• C) cannot benefit from trade.
• D) has a comparative advantage in the production of that good.
• E) will not engage in trade for that good.

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Definitions:

Diuretics

A class of medications designed to increase the amount of water and salt expelled from the body as urine.

Anorexia Nervosa

An eating disorder characterized by an intense fear of gaining weight and a distorted body image, leading to severe weight loss and health risks.

Binge Eating Disorder

A psychological condition characterized by recurrent episodes of eating large quantities of food, often quickly and to the point of discomfort.

Nutritional Deficiencies

A state resulting from the lack of essential nutrients in the diet, leading to various health issues.