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Imagine Scotland has decided to start trading with other countries. Once it allows trade with other nations its economy is importing oranges, exporting whisky, and
Imagine Scotland has decided to start trading with other countries. Once it allows trade with other nations its economy is importing oranges, exporting whisky, and not importing or exporting chairs. What likely happened to consumer surplus in Scotland after trade? A. it is increased for whisky, decreased for oranges and unchanged for chairs B. it is increased for oranges and whisky but not chairs C. It is increased for oranges and shoes but not whisky d. it is increased for oranges, decreased for whisky and is unchanged for chairs WHAT IS THE CORRECT
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