If the Normalization of Trade Relations Between the U

question 220

Multiple Choice

If the normalization of trade relations between the U.S.and Cuba legalizes the sale of Cuban cigars in our country,it would

• A)increase equilibrium price and decrease equilibrium quantity for Cuban cigars.
• B)decrease equilibrium price and increase equilibrium quantity for Cuban cigars.
• C)increase both the equilibrium price and quantity for Cuban cigars.
• D)decrease both the equilibrium price and quantity for Cuban cigars.

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