Multiple Choice
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 P1.When the economy is opened to trade,the price falls to PW.South Africa will _____ oranges,and the volume of trade will equal _____.
A) import;CT - QT
B) export;CT - QT
C) import;Q1 - QT
D) export;CT - Q1
Correct Answer:

Verified
Correct Answer:
Verified
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