Answer the question based on the following price and output data over a five-year period for an economy that produces only one good. Assume that year 2 is the base year.

The Congressional Budget Office estimates that the additional taxes and fees enacted under the ACA will be enough to pay for the plan and reduce the federal government's budget deficit

Indicate whether the statement is true or false

Which group of countries benefits most from trade?

a. low-income countries b. low- and medium-income countries c. high-income countries d. medium- and high-income countries