If the world price of a good is below the nominus−trade domestic price, a country
A. will benefit from importing the good.
B. will not engage in trade for that good.
C. cannot benefit from trade.
D. has a comparative advantage in the production of that good
E. will benefit from exporting the good.
Which one would you say is the best answer?
A. will benefit from importing the good.
B. will not engage in trade for that good.
C. cannot benefit from trade.
D. has a comparative advantage in the production of that good
E. will benefit from exporting the good.
Which one would you say is the best answer?