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

question 184

Multiple Choice

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

• A)domestic producers become better off,and domestic consumers become worse off.
• B)domestic producers become worse off,and domestic consumers become better off.
• C)domestic producers become better off,but the effect on the well-being of domestic consumers is ambiguous.
• D)domestic consumers become worse off,but the effect on the well-being of domestic producers is ambiguous.

---

Definitions:

Effects

Consequences or outcomes that result from a specific cause or action.

Self-Esteem

A person's overall subjective sense of personal worth or value.

African American

A racial or ethnic group in the United States with ancestral ties to Africa.

North American

Relating to or characteristic of the continent that includes Canada, the United States, Mexico, and sometimes Greenland and various Caribbean islands.