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  3. Study Set
    Principles of Macroeconomics Study Set 8
  4. Exam
    Exam 9: Application International Trade: The Winners and Losers From Trade
  5. Question
    Figure 9-10
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Figure 9-10

Question 44

Question 44

Multiple Choice

Figure 9-10.The figure applies to Mexico and the good is rifles. Figure 9-10.The figure applies to Mexico and the good is rifles.   -Refer to Figure 9-10.With trade,the equilibrium price of rifles and the equilibrium quantity of rifles demanded in Mexico are A) P<sub>1</sub> and Q<sub>1</sub>. B) P<sub>1</sub> and Q<sub>2</sub>. C) P<sub>2</sub> and Q<sub>2</sub>. D) P<sub>0</sub> and Q<sub>0</sub>.
-Refer to Figure 9-10.With trade,the equilibrium price of rifles and the equilibrium quantity of rifles demanded in Mexico are


A) P1 and Q1.
B) P1 and Q2.
C) P2 and Q2.
D) P0 and Q0.

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