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Figure 9-18

question 211

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Figure 9-18.On the diagram below,Q represents the quantity of peaches and P represents the price of peaches.The domestic country is Isoland. Figure 9-18.On the diagram below,Q represents the quantity of peaches and P represents the price of peaches.The domestic country is Isoland.   -Refer to Figure 9-18.If Isoland allows international trade and if the world price of peaches is $5,then A) Isoland has a comparative advantage,relative to other countries,in producing peaches. B) Isoland will import peaches. C) consumer surplus with trade exceeds consumer surplus without trade. D) All of the above are correct.
-Refer to Figure 9-18.If Isoland allows international trade and if the world price of peaches is $5,then


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