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Under what conditions will Moundland export cars? multiple choice 1 if domestic producers sell less than the domestic equilibrium quantity if the world price is
Under what conditions will Moundland export cars? multiple choice 1 if domestic producers sell less than the domestic equilibrium quantity if the world price is lower than the equilibrium price if the world price is higher than the equilibrium price if domestic producers sell more than the domestic equilibrium quantity b. What will happen to consumer surplus in this small nation if Moundland exports cars? multiple choice 2 increases remains the same decreases c. What will happen to producer surplus in this small nation if Moundland exports cars? multiple choice 3 increases decreases remains the same d. What will happen to the total economic surplus in this small nation if Moundland exports cars? multiple choice 4 remains the same increases decreases
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