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Suppose Canada subsidizes Canadian wheat farmers, while the US offers no subsidy to American wheat farmers. As a result of the Candian subsidy, sales of
Suppose Canada subsidizes Canadian wheat farmers, while the US offers no subsidy to American wheat farmers. As a result of the Candian subsidy, sales of Canadian wheat to the US a. may prompt Americans to invoke the infant-industry argument. b. increase the consumer surplus of American buyers of wheat. c. decrease the total surplus of the American people. d. All of the above are correct
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