-The Above Figure Shows the U

question 108

Multiple Choice

-The above figure shows the U.S.market for flip-flops.With international trade,the equilibrium price in the United States is ________ and the United States ________ flip-flops.

• A) $12; imports
• B) $12; does not trade
• C) $12; exports
• D) $14; imports
• E) $14; does not trade