When countries trade with each other, does it result in a gain for everybody?
A. No. Producers of a good that is imported would be hurt.
B. No. Consumers of a good that is imported would be hurt.
C. No. Producers of a good that is exported would be hurt.
D. Yes. All producers and consumers from both exporting and importing countries will gain.
Answer: A
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Refer to the information provided in Figure 2.5 below to answer the question(s) that follow.
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