Multiple Choice
Suppose that the world price of eggs is $1 a dozen,Canada does not trade internationally,and the equilibrium price of eggs in Canada is $3 a dozen.Then Canada begins to trade internationally. Canadian farmers produce ________ eggs.Canada ________ eggs.
A) more;imports
B) more;exports
C) less;exports
D) less;imports
E) the same quantity of;imports
Correct Answer:

Verified
Correct Answer:
Verified
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