The Following Table Shows the Domestic Quantity Demanded (Q_D) and Quantity

question 14

Essay

The following table shows the domestic quantity demanded (Q_D) and quantity supplied (Q_S) of soybeans in Canada and Brazil at various prices (in Canadian dollars). (a) Complete the above table by indicating the size of exports or imports for each country at each price.(b) Suppose Canada and Brazil are closed economies.What is the domestic price of soybeans in Canada? What is the domestic price of soybeans in Brazil?(c) Suppose Canada and Brazil are the only countries in a two-nation world.What is the world price of soybeans? Is Canada an exporter or an importer at the world price? Is Brazil an exporter or an importer at the world price?

---

Definitions:

Blood Pressure

The pressure exerted by circulating blood upon the walls of blood vessels, an essential indicator of cardiovascular health.

Epidural Analgesic

A method of pain relief involving the injection of drugs into the epidural space of the spinal cord.

Dural Puncture

A medical procedure involving the penetration of the dura mater, often during epidural administrations.

Headache

A pain or discomfort in the head, scalp, or neck area, often caused by stress, tension, illness, or environmental factors.