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

question 5

Multiple Choice

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

• A) the gains of the domestic producers of the good exceed the losses of the domestic consumers of the good.
• B) the gains of the domestic consumers of the good exceed the losses of the domestic producers of the good.
• C) the losses of the domestic producers of the good exceed the gains of the domestic consumers of the good.
• D) the losses of the domestic consumers of the good exceed the gains of the domestic producers of the good.

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Definitions:

Immigration

The action of coming to live permanently in a foreign country.

Office Of Immigration Statistics

A government entity responsible for collecting, analyzing, and disseminating statistical data and reports on immigration including the movements and characteristics of migrants.

Legal Permanent Residents

Individuals who have been granted the right to live indefinitely within a country other than their native one, without being its citizen.

Permanent Legal Residents

Individuals who have been granted the right to live indefinitely within a country but are not citizens of that country.