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Suppose the world price of airplanes ( Suppose the world price of airplanes is $500 million, and ihe price of airplanes made in Belize (0)
Suppose the world price of airplanes is $500 million, and ihe price of airplanes made in Belize (0) is $72478 million. If Belize opens to world trade in airplanes, it will (import/export) airplanes to / from the world As a result, Belize's producers will consumerS will (gain/lpse) from trade (gain/lose) from trade and Therefore, Belize's producers will ask the government for a A/ (tariff/subsidy), which is a tax on Answer 4 4/ (imports/exports)
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