Question

When a country that exported a particular good abandons a free - trade policy and adopts a no - trade policy???

a. consumer surplus increases and total surplus increases in the market for that good.

b. consumer surplus increases and total surplus decreases in the market for that good.

c. consumer surplus decreases and total surplus increases in the market for that good.

d. consumer surplus decreases and total surplus decreases in the market for that good

Answer 1

the correct answer is d. as if trade banned exports stop. so surplus decrease. ylthen due to high cost. market too decrease

Answer 2

heyaa....


correct ans. is d


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