The government receives all of the benefits associated with the production of a public good.

Answer the following statement true (T) or false (F)

False

Economics

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When a nation starts importing a good or service, domestic employment in that industry

A) decreases. B) stays the same. C) increases. D) might change, but more information about what else the country imports is needed to determine if employment increases, decreases, or does not change. E) might change, but more information about what the country exports is needed to determine if employment increases, decreases, or does not change.

Economics

Exporting a good at a price below its cost of production is defined as

a. efficiency b. dumping c. diversification d. retaliation e. tariffs

Economics