When a Country Exports a Good,the Country's Producer Surplus ________,Consumer

question 69

Multiple Choice

When a country exports a good,the country's producer surplus ________,consumer surplus ________,and the country ________ from the trade.

• A) increases; increases; gains
• B) decreases; increases; gains
• C) increases; decreases; gains
• D) decreases; decreases; loses
• E) increases; decreases; loses

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Definitions:

Securities

Financial instruments that represent an ownership position in a publicly-traded corporation (stock), a creditor relationship with a government or corporation (bond), or rights to ownership as represented by an option.