If the government overcorrected in a situation of external costs ...

[awywial]

If the government overcorrected in a situation of external costs
 a. More than the efficient amount of the good would end up being produced.
 b. Less than the efficient amount of the good would end up being produced.
 c. It would result in a welfare cost in that market that was bigger than the initial welfare cost.
  d. Both a and c are would result.

Question 2

When a country allows trade and becomes an exporter of goods, producers gain more than consumers lose.
 a. True
  b. False
  Indicate whether the statement is true or false

[owenfalvey]

Answer to Question 1

a

Answer to Question 2

True

[awywial]

Gracias!

[Animal_Goddess]

Excellent