The Proportion of Domestic Demand for a Good That Is

question 45

Multiple Choice

The proportion of domestic demand for a good that is satisfied by domestic production relative to that supplied by imports is determined by:

• A)the interplay of domestic demand and supply curves and the domestic equilibrium price of the good.
• B)the interplay of demand and supply curves in the international market and the international equilibrium price of a good.
• C)domestic supply and demand curves and the international equilibrium price of a good.
• D)the different trade restrictions like tariffs and quotas created by the domestic government.
• E)the interplay of demand and supply curves in the international market and the domestic price of the good

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