$\quad\quad { Country ~Y }$ The Accompanying Table Gives Data for Country Y

question 298

Multiple Choice

$\quad\quad { Country ~Y }$
$\begin{array} { | c | c | c | } \hline Price & Q _ { \text {dd } } & Q _ { \text {sd } } \\\hline \$ 9.00 & 250 & 450 \\\hline 8.00 & 300 & 400 \\\hline 7.00 & 350 & 350 \\\hline 6.00 & 400 & 300 \\\hline\end{array}$
The accompanying table gives data for Country Y. Column 1 is the price of a product. Column 2 is the quantity demanded domestically $\left( Q _ { d d } \right)$ , and Column 3 is the quantity supplied domestically $\left( Q _ { s d } \right)$ . If the world price of the product is $\$ 6$ , then Country $Y$ will

• A) export 100 units of the product
• B) import 100 units of the product.
• C) export 300 units of the product.
• D) import 400 units of the product.

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