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08-04-2020
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If the world price for good A is above the domestic price for good A without trade, then consumer surplus will __ and total economic surplus will _ with trade. rev: 06_20_2018 Multiple Choice increase; increase increase; decrease decrease; increase decrease; decrease

Respuesta :

09-04-2020

Answer:

Decrease; Increase

Explanation:

If the world price for good A is above the domestic price for good A without trade, then consumer surplus will decrease and total economic surplus will increase with trade.

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