The Figure Given Below Shows the Import Demand and Export

question 87

Multiple Choice

The figure given below shows the import demand and export supply curves of corn of the U.S.and Mexico. Figure 20.2 Refer to Figure 20.2.The no-trade equilibrium price of corn in the U.S.is:

• A)$2.
• B)$4.
• C)$6.
• D)$8.
• E)$10.

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