International agricultural trade UE Past Papers Questions.

Export subsidy is a trade policy that facilitate exporters in accessing export market thus protects domestic industry.

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UNSOLVED

With free trade importing country gains from trade because due to decrease in price consumer surplus is positive and larger than producers surplus.

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UNSOLVED

With free trade exporting country gains from trade because due to decrease in price producer surplus is positive and larger than consumer surplus.

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UNSOLVED

Both consumers and producers in a country will gain from trade as long as the trade is legal.

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UNSOLVED

When money is introduced in Ricardian model, the model fails to explain the role of comparative advantage in trading.

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UNSOLVED