The Graph Shown Demonstrates the Domestic Demand and Supply for a Good

question 130

Multiple Choice

The graph shown demonstrates the domestic demand and supply for a good, as well as the world price for that good. If this country is an autarky, what amount of the good will be sold domestically?

• A)45
• B)85
• C)120
• D)75

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Definitions:

Economic Aid

Financial assistance provided by countries or international organizations to support the economic development and welfare of other nations.

Diplomacy

The professional, skilled conduct of negotiations and managing relationships between governments of different countries by diplomats and political leaders.

Peaceful Methods

Techniques or approaches used to resolve conflicts or achieve goals without violence.

International Relations

The study and practice of political, economic, and cultural relationships between nations.