Multiple Choice
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.
Correct Answer:

Verified
Correct Answer:
Verified
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