This Graph Demonstrates the Domestic Demand and Supply for a Good,as

question 129

Multiple Choice

This graph demonstrates the domestic demand and supply for a good,as well as the world price for that good.
According the graph shown,if this economy were open to free trade,it would:

• A)import this good because the domestic price is greater than the world price.
• B)export this good because the domestic price is greater than the world price.
• C)import this good because the world price is greater than the domestic price.
• D)export this good because the world price is greater than the domestic price.

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