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Use the Following to Answer Question

question 162

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Use the following to answer question: Use the following to answer question:   -(Figure: The Market for Oranges in South Africa) Use Figure: The Market for Oranges in South Africa.In autarky,the price of oranges in South Africa is P<sub>1</sub>.When the economy is opened to trade,the price falls to P<sub>W</sub>.South Africa will _____ oranges,and the volume of trade will equal _____. A) import;C<sub>T</sub> - Q<sub>T</sub> B) export;C<sub>T</sub> - Q<sub>T</sub> C) import;Q<sub>1</sub> - Q<sub>T</sub> D) export;C<sub>T</sub> - Q<sub>1</sub>
-(Figure: The Market for Oranges in South Africa) Use Figure: The Market for Oranges in South Africa.In autarky,the price of oranges in South Africa is P1.When the economy is opened to trade,the price falls to PW.South Africa will _____ oranges,and the volume of trade will equal _____.


Definitions:

Closed-ended Question

A question formulated to receive a specific, limited response, typically "yes" or "no," facilitating straightforward answers or data collection.

Closed-ended Question

A type of question that typically can be answered with "yes" or "no" or within a limited set of options.

Hypothetical Question

A question based on assumptions rather than facts, often used to explore possibilities or legal implications in various scenarios.

Open-ended Question

A type of question that allows for a free-form response, encouraging detailed answers rather than a simple yes or no.

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