The Table Below Shows the Quantity Demanded (In Thousands) and Quantity

question 69

True/False

The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5

-International equilibrium occurs if the quantity of imports demanded by one country is equal to the quantity of exports supplied by the other country.

---

Definitions:

Sugar

A sweet-tasting, soluble carbohydrate found in many plants, commonly used as a sweetener in foods and drinks.

United States

A country in North America consisting of 50 states and is known for its significant influence in global economics, politics, and culture.

Restrictions

Limitations or rules placed on activities, operations, or behaviors to regulate or control certain actions.

Global Competition

Refers to the dynamic and competitive environment where businesses from different countries vie for consumers in international markets.