The Table Below Shows the Domestic Price of a Pair

question 176

Multiple Choice

The table below shows the domestic price of a pair of trousers in four countries.

-Refer to the table above.If the world price for a pair of trousers is $12,then which of the following statements is true?

• A) All four countries will export trousers.
• B) All four countries will import trousers.
• C) Country A and Country B will import trousers, whereas Country C and Country D will export trousers.
• D) Country C and Country D will import trousers, whereas Country A and Country B will export trousers.