in-terms-of-national-welfare-who-benefits-and-who-loses-in-exporting-and-importi

Question

In terms of national welfare, who benefits and who loses in exporting and importing scenarios?

Accepted Answer

Producers benefit from exporting, consumers benefit from importing.

Answer

Both consumers and producers benefit equally in both scenarios.

Answer

Both consumers and producers lose in both scenarios.

Answer

Consumers benefit from exporting, producers benefit from importing.