Question 5 (3 points) Given a choice between an import tariff and a production subsidy on the same good. 0 A subsidy is less costly for a country to enact, but producers gain more from a tariff. O A subsidy is less costly for a country to enact and producers can gain the same amount with a subsidy or a tariff. O A subsidy is more costly for a country to enact and producers gain more from a tariff. O A subsidy is more costly for a country to enact, but producers will gain more with a subsidy. Question 6 (3 points) Free trade always leaves both consumers and workers overall better off. Question 7 (3 points) ~/ Saved A parallel market often arises as a result of which of the following? 0 Floating exchange rate regimes 0 Official intervention 6) Exchange controls 0 High domestic interest rates 0 None of the above