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Question 15 {1.25 points) Springfield has decided to end its policy of not trading with the rest of the world. When it ends its trade
Question 15 {1.25 points) Springfield has decided to end its policy of not trading with the rest of the world. When it ends its trade restrictions, it discovers that it is importing beer and exporting donuts. What are the effects? domestic producers of beer are now better off, and consumers of beer are worse off; producers of donuts are better off, and consumers of donuts are worse off domestic producers of beer are now better off, and consumers of beer are worse off; producers of donuts are worse off, and consumers of donuts are better off domestic producers of beer are now worse off, and consumers of beer are better off; producers of donuts are worse off, and consumers of donuts are better off domestic producers of beer are now worse off, and consumers of beer are better off; producers of donuts are better off, and consumers of donuts are worse off
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