Think Like An Economist cover image

S E15: International Trade - Cars from Corn

Think Like An Economist

CHAPTER

Exports and Imports

Sellers love exports because they get so many more potential customers abroad. But don't forget that this also affects buyers. Exports can push up prices for domestic consumers, but the benefits overale exceed the costs. People naturally think about the losers from imports; these include businesses and workers in their own countries.

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