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a country opens from autarky to free trade and begins to export pineapples... (Choose all correct statements.) Select one or more: a. Gains from trade for pineapples goods falls. b. Producer surplus for pineapples goods falls. C. Consumer surplus for pineapples goods rises. d. Gains from trade for pineapples goods rises. e. Producer surplus for pineapples goods rises. f. Consumer surplus for pineapples goods falls.

a country opens from autarky to free trade and begins to export pineapples... (Choose all correct statements.) Select one or more: a. Gains from trade for pineapples goods falls. b. Producer surplus for pineapples goods falls. C. Consumer surplus for pineapples goods rises. d. Gains from trade for pineapples goods rises. e. Producer surplus for pineapples goods rises. f. Consumer surplus for pineapples goods falls.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Lesson 12 Question 3

a country opens from autarky to free trade and begins to export pineapples... (Choose all correct statements.) Select one or more: a. Gains from trade for pineapples goods falls. b. Producer surplus for pineapples goods falls. C. Consumer surplus for pineapples goods rises. d. Gains from trade for pineapples goods rises. e. Producer surplus for pineapples goods rises. f. Consumer surplus for pineapples goods falls.
Transcribed Image Text:a country opens from autarky to free trade and begins to export pineapples... (Choose all correct statements.) Select one or more: a. Gains from trade for pineapples goods falls. b. Producer surplus for pineapples goods falls. C. Consumer surplus for pineapples goods rises. d. Gains from trade for pineapples goods rises. e. Producer surplus for pineapples goods rises. f. Consumer surplus for pineapples goods falls.
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