Jess
March 31st, 2013, 12:14 PM
Check please.
10. When a domestic country exports goods to and imports goods from a foreign country, in the short run:
A. domestic consumers of the imported good may be worse off.
B. domestic producers in the importing industry are better off.
C. domestic producers in the exporting industry may be better off.
D. domestic consumers of the exported good may be better off.
11. If a domestic market begins to export goods to and import goods from a foreign market, we can assume that:
A. producers in the exporting industry may be worse off.
B. consumers of the imported good may be worse off.
C. producers in the importing industry may be worse off.
D. consumers of the exported good may be better off.
EDIT: already submitted >_>
10. When a domestic country exports goods to and imports goods from a foreign country, in the short run:
A. domestic consumers of the imported good may be worse off.
B. domestic producers in the importing industry are better off.
C. domestic producers in the exporting industry may be better off.
D. domestic consumers of the exported good may be better off.
11. If a domestic market begins to export goods to and import goods from a foreign market, we can assume that:
A. producers in the exporting industry may be worse off.
B. consumers of the imported good may be worse off.
C. producers in the importing industry may be worse off.
D. consumers of the exported good may be better off.
EDIT: already submitted >_>