When a country allows trade and becomes an importer of coal,
a. the losses of the domestic producers of coal exceed the gains of the domestic consumers of coal.
b. the losses of the domestic consumers of coal exceed the gains of the domestic producers of coal.
c. the gains of the domestic producers of coal exceed the losses of the domestic consumers of coal.
d. the gains of the domestic consumers of coal exceed the losses of the domestic producers of coal.
d
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The law of demand states that there is a negative relationship between price and quantity demanded, ceteris paribus
Indicate whether the statement is true or false
In the economy of Talikastan in 2015, consumption was $3000, exports were $1200, GDP was $6300, government purchases were $1300, and investment was $1500 . What were Talikastan's imports in 2015?
a. -$500 b. -$700 c. $700 d. $500