If the World Price Is Greater Than the Domestic Price

question 104

Multiple Choice

If the world price is greater than the domestic price of a commodity in a closed economy,then when that country begins to trade,the country will ____________ the commodity.

• A) stop consuming
• B) stop producing
• C) be self-sufficient in
• D) become a net importer of
• E) become a net exporter of

---

Definitions:

Partial Hospitalization

A form of intensive outpatient treatment for mental illness that provides medical monitoring and therapy during the day, but allows patients to return home at night.

Severe Symptoms

Indications of disease or health condition that are significantly distressing, intense, or dangerous.

Schizophrenia

is a severe mental disorder characterized by distortions in thinking, perception, emotions, language, sense of self, and behavior.

Function Better

Improving one's capacity to perform or operate in a more effective or efficient manner.