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    Macroeconomics Study Set 68
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    Exam 20: International Trade
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    A Nation Will Neither Export nor Import a Specific Product
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A Nation Will Neither Export nor Import a Specific Product

Question 311

Question 311

Multiple Choice

A nation will neither export nor import a specific product when its


A) domestic price equals the world price.
B) export supply curve lies above its import demand curve.
C) export supply curve is upsloping.
D) import demand curve is downsloping.

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