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Refer to the Information Provided in Figure 20

Question 12

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Refer to the information provided in Figure 20.3 below to answer the question(s) that follow. Refer to the information provided in Figure 20.3 below to answer the question(s)  that follow.   Figure 20.3 -Refer to Figure 20.3. The domestic price of shoes is $80. After trade the price of a pair of shoes is $60. This would cause the number of pairs of shoes produced domestically to A)  increase. B)  decrease. C)  remain the same. D)  fall to zero. Figure 20.3
-Refer to Figure 20.3. The domestic price of shoes is $80. After trade the price of a pair of shoes is $60. This would cause the number of pairs of shoes produced domestically to


A) increase.
B) decrease.
C) remain the same.
D) fall to zero.

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