A country gains more from international trade the more its terms of trade differ from its autarky price

If the slope of a linear function changes with no change in the Y-intercept

a. the graph shifts either up or down in a parallel way. b. the graph remains unchanged. c. the graph rotates about its X-intercept. d. the graph rotates about its Y-intercept.

The total burden of a tax equals tax receipts plus excess burden

a. True b. False Indicate whether the statement is true or false