The Figure Shows the Market for Shirts in the United

question 52

Multiple Choice

The figure shows the market for shirts in the United States, where D is the domestic demand curve and S is the domestic supply curve. The world price is $20 per shirt.
-In the figure above, with international trade the United States ________ million shirts per year.

• A) imports 32
• B) imports 48
• C) exports 16
• D) exports 32

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Definitions:

Premises

Statements or propositions from which conclusions are logically derived in arguments.

Conclusion

Conclusion refers to the end or finish of an event, process, or text, often summarizing the main points or deducing a final decision.

Conjunctions

Words that connect clauses, sentences, or words in the same sentence to coordinate thoughts and ideas.

Connective

A term or element used in logic and language to link propositions, sentences, or words in a coherent way to construct complex statements.