If goods are exported for less than society’s marginal production cost and the marginal benefit to domestic consumers, it is likely that they benefit from?

Related Mcqs:

A primary reason why nations conduct international trade is because ?

A. Some nations prefer to produce one thing while others produce another B. Resources are not equally distributed to all trading nations C. Trade enhances opportunities to accumulate profits D. interest rates are not identical in all trading nations...

International trade forces domestic firms to become more competitive in terms of ?

A. The introduction of new products B. Product design and quality C. Product price D. All of the above...

In a floating exchange rate system ?

A. The government intervenes to influence the exchange rate B. The exchange rate should adjust to equate the supply and demand of the currency C. The Balance of payments should always be in surplus D. The Balance of payments will always equal the government budget...

For the United states, exports plus imports are about _____ of its gross national product?

A. 5 percent B. 10 percent C. 25 percent D. 55 percent...

The terms of trade measure ?

A. The income of one country compared to another B. The GDP of one country compared to another C. The quantity of exports of one country compared to another D. Export prices compared to import prices...