If a Country Is an Exporter of a Good,then It

question 33

Multiple Choice

If a country is an exporter of a good,then it must be the case that

• A)the world price is less than its domestic price.
• B)consumer surplus is higher than a no trade situation.
• C)the world price is greater than its domestic price.
• D)they used an infant-industry argument to protect its producers.

---

Definitions:

Social Class

A division of society based on social and economic status.

Family Life

The daily interactions, routines, and emotional bonds shared among members of a family unit, including parents, children, and other relatives.

Universal Definition

A description or concept that is agreed upon and accepted by all parties or cultures.

Family

A social unit consisting of parents and their children, considered as a group, whether dwelling together or not.