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The Following Data Is for the Hypothetical Nations of Alpha

Question 37

Multiple Choice

The following data is for the hypothetical nations of Alpha and Beta.Qs is domestic quantity supplied and Qd is domestic quantity demanded. The following data is for the hypothetical nations of Alpha and Beta.Q<sub>s</sub> is domestic quantity supplied and Q<sub>d</sub> is domestic quantity demanded. Refer to the above data.At a world price of $2: A) Alpha will want to import 20 units of steel. B) Beta will want to export 20 units of steel. C) Alpha will want to export 20 units of steel. D) neither country will want to import steel. Refer to the above data.At a world price of $2:


A) Alpha will want to import 20 units of steel.
B) Beta will want to export 20 units of steel.
C) Alpha will want to export 20 units of steel.
D) neither country will want to import steel.

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