If a Nation Begins to Export a Good

question 26

Multiple Choice

If a nation begins to export a good,

• A)the domestic price of that good will decrease
• B)that country will typically erect barriers to trade
• C)domestic producers of the good will be harmed
• D)domestic consumers of the good will be harmed
• E)both domestic consumers and domestic producers will benefit

---

Definitions:

Federal Trade Commission

A U.S. federal agency with the mission to protect consumers and promote competition by preventing anticompetitive, deceptive, and unfair business practices.

Washington, District of Columbia

The capital of the United States, a federal district that houses the federal government's three branches and numerous national monuments and museums.

Trade Regulation Rules

Guidelines and laws that govern business practices and competition, aimed at ensuring fair competition and protecting consumers.

Adjudicative Proceedings

Legal processes where an official authority reviews evidence and arguments to make a formal decision.