The Following Figure Shows the Demand Curve, D, and Supply

question 103

Multiple Choice

The following figure shows the demand curve, D, and supply curve, S, of ballpoint pens in Lithasia. The world price of pens is $2.

-Refer to the figure above.Which of the following statements is correct?

• A) After the economy is open to free trade, it will export 6 pens.
• B) After the economy is open to free trade, it will import 6 pens.
• C) After the economy is open to free trade, it will export 10 pens.
• D) After the economy is open to free trade, it will import 10 pens.

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