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    Economics Study Set 9
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    Exam 9: Comparative Advantage and the Gains From International Trade
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    Figure 9-4 Figure 9-4 Shows the U
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Figure 9-4 Figure 9-4 Shows the U

Question 69

Question 69

Multiple Choice

Figure 9-4 Figure 9-4   Figure 9-4 shows the U.S. demand and supply for leather footwear. -Refer to Figure 9-4. Suppose the government allows imports of leather footwear into the United States. What will the market price be? A)  > $24 B)  $24 C)  $30 D)  $54 Figure 9-4 shows the U.S. demand and supply for leather footwear.
-Refer to Figure 9-4. Suppose the government allows imports of leather footwear into the United States. What will the market price be?


A) > $24
B) $24
C) $30
D) $54

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