Question

A country that trades internationally imports a good at a price​ ______ than the price of the good in the domestic market before the country began to trade internationally. And it exports a good at a price​ ______ than the price of the good in the domestic market before the country began to trade internationally. A. ​higher; higher B. ​higher; lower C. ​lower; higher D. ​lower; lower

Answer 1

Answer:

C. ​lower; higher

Explanation:

A country that trades internationally, imports a good at a price lower than what domestic producers could produce the good for before the country began to trade internationally and exports a good at a price higher than what domestic producers could sell a good for before the country began to trade internationally.