When a country allows trade and becomes an importer of coal,
a. the losses of the domestic producers of coal exceed the gains of the domestic consumers of coal.
b. the losses of the domestic consumers of coal exceed the gains of the domestic producers of coal.
c. the gains of the domestic producers of coal exceed the losses of the domestic consumers of coal.
d. the gains of the domestic consumers of coal exceed the losses of the domestic producers of coal.
d
You might also like to view...
Studies by economists have tended to show that countries with more independent central banks have
A) lower unemployment. B) more inflation. C) higher unemployment. D) less inflation.
The above figure shows the U.S. market for flip-flops. With no international trade, the price in the United States for flip-flops is ________. With international trade, the price in the United States for flip-flops is ________
A) $500; $300 B) $14; $12 C) $500; $700 D) $12; $14 E) $700; $300
Unions first became powerful in the United States in industries dominated by
A) government. B) highly profitable firms. C) large firms. D) small firms.
Typical IMF remedies for East Asian countries did not include
a. higher interest rates b. reduction in government spending c. deregulation of banking systems d. controls over foreign currency dealings e. all the above were among the typical remedies