If Argentina exports oranges to the rest of the world, Argentina's producers of oranges are worse off, and Argentina's consumers of oranges are better off, as a result of trade.

Question

Quizplus · Accepted Answer

Exporting oranges means Argentina's producers are accessing larger markets, which typically increases their sales and profits, making them better off. Consumers in Argentina might face higher prices due to increased demand from abroad, but the overall economic effect of exports is generally positive for producers.

If Argentina Exports Oranges to the Rest of the World