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-The Above Figure Shows the Australian Market for 1 Carat

Question 40

Multiple Choice

-The above figure shows the Australian market for 1 carat diamonds. With free trade, Australia produces ________ diamonds and imports ________ diamonds. A) 100,000; 800,000 B) 300,000; 600,000 C) 100,000; 900,000 D) 500,000; 400,000 E) 0; 900,000
-The above figure shows the Australian market for 1 carat diamonds. With free trade, Australia produces ________ diamonds and imports ________ diamonds.


A) 100,000; 800,000
B) 300,000; 600,000
C) 100,000; 900,000
D) 500,000; 400,000
E) 0; 900,000

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