When a single firm can supply a product to an entire market at a smaller cost than could two or more firms, what is the industry called?What happens when a country allows trade and becomes an exporter of a good?
Answers to multiple choice questions are to be done on the answer sheet. Choose the correct answer in each case. 1) What happens when a country allows trade and becomes an exporter of a good? a. Domestic producers gain, and domestic consumers lose. b. Domestic producers lose, and domestic consumers gain. c. Domestic producers and […]