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The Home Import Demand Curve Is Downward Sloping Because

Question 4

Multiple Choice

The Home import demand curve is downward sloping because:


A) as the government forces the price down, consumers buy more.
B) foreign companies want to help domestic competitors.
C) as the price falls below domestic equilibrium, the shortage in demand is filled by importing more quantity from abroad.
D) consumers can control the price of the good.

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