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    Economics Principles and Policy Study Set 2
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    Exam 34: International Trade and Comparative Advantage
  5. Question
    Table 34-4 ​
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Table 34-4 ​

Question 63

Question 63

Multiple Choice

Table 34-4
​ Table 34-4 ​   -Table 34-4 presents the demand and supply schedules for television sets in Japan and the United States.If Japan and the United States trade with each other, what will be the equilibrium price in the world market for television sets? A) $100 B) $200 C) $300 D) $400
-Table 34-4 presents the demand and supply schedules for television sets in Japan and the United States.If Japan and the United States trade with each other, what will be the equilibrium price in the world market for television sets?


A) $100
B) $200
C) $300
D) $400

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