The nation of Openia allows free trade and exports steel. If steel exports were prohibited, the price

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The nation of Openia allows free trade and exports steel. If steel exports were prohibited, the price of steel in Openia would be _________, benefiting steel _________.

a. higher; consumers

b. lower; consumers

c. higher; producers

d. lower; producers

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Principles Of Microeconomics

ISBN: 9780357133484

9th Edition

Authors: N Gregory Mankiw

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Question Posted: Jan 27, 2024 11:01 PM

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The nation of Openia allows free trade and exports steel. If steel exports were prohibited, the price

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Principles Of Microeconomics

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