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25 December, 17:26

Zelzar 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 incense, exporting steel, and neither importing nor exporting rugs. Which groups in Zelzar are better off as a result of the new free-trade policy? A. Producers of incense and consumers of steel B. Consumers of all three goods C. Producers of steel and consumers of incense D. Consumers of incense and producers of rugs

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  1. 25 December, 19:04
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    The answer would be C
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