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vellojo vellojo
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7 years ago
Belize, a country in Central America, has a small coffee industry.  Suppose Belize does not have free trade but it has comparative advantage in coffee production.  If Belize allowed international trade, what would be the gains from trade?
A) Belize coffee consumers would gain from trade.
B) Belize coffee producers would gain from trade.
C) Belize would gain tariff revenue from trade.
D) All of these answers are gains from trade.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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amishamish
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Posts: 475
7 years ago
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vellojo Author
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7 years ago
Everyone I encourage you to thumbs up the answer!

got it right
Studying economics @ Edinburgh U
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4 years ago
Thank You!! This was correct!!
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3 years ago
testing
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2 years ago
Thank you
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