When a country allows trade and becomes an importer of a good,?

Question

a. everyone in the country benefits.
b. the gains of the winners exceed the losses of the losers.
c. the losses of the losers exceed the gains of the winners.
d. everyone in the country loses.

Answer 1

a

Answer 2

B. Some industries may loose because of the import of a good but on the other hands some other gain more benefits and this benefits excess the loose. For instance: domestic industry of a good can only produce small quantity for the country while the country need more production of this good. They will import the good if it's better than produce the good by themselves although it may kill the domestic production.

Answer 3

B. There is a net positive gain to both countries. Yes there are losses as industries get re aligned with the global market, but the end result is a gain.

Answer 4

I think your question goes to the issue of free trade. It depends on your interest. The buyer certainly gains by obtaining what he/she wants at the price agreed on; the foreign investor get the capital and both are happy, it would seem that this is freedom in action. The problem may lie in society at large. Do we live in a vacuum? Does my purchasing that good hurt my fellow countryman/woman? Will it ultimately help my country or hurt it? Debatable, one can argue that many in impoverished areas depend on labor intensive work to make a living and buying that good will hurt them or others may say our efforts can be more concentrated on other areas of interest which will ultimately help the poor. This is a very common right/left debate.