Figure 9-5 -Refer to Figure 9-5.The Horizontal Line at the World Price

question 353

Multiple Choice

Figure 9-5

-Refer to Figure 9-5.The horizontal line at the world price of wagons represents the

• A) demand for wagons from the rest of the world.
• B) supply of wagons from the rest of the world.
• C) level of inefficiency in the domestic market caused by trade.
• D) surplus in the domestic wagon market.

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Definitions:

Persuasive Message

Communication designed to convince or influence others to adopt a certain viewpoint or to take a specific action.

Credibility

The quality of being trusted and believed in due to one's reputation or evidence of expertise.

Persuasive Requests

Involve appealing to someone's interest or feelings to influence their decision or gain their support.

Directly

In a straightforward or clear manner, without deviation or intermediary.