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Refer to the Diagram, Which Pertains to Two Nations and a Specific

Question 205

Multiple Choice

  Refer to the diagram, which pertains to two nations and a specific product. In equilibrium, the nation represented by lines FA and FC will A)  export H to the country represented by lines GB and GD. B)  import H from the country represented by lines GB and GD. C)  pay price F for its imports. D)  receive price G for its exports. Refer to the diagram, which pertains to two nations and a specific product. In equilibrium, the nation represented by lines FA and FC will


A) export H to the country represented by lines GB and GD.
B) import H from the country represented by lines GB and GD.
C) pay price F for its imports.
D) receive price G for its exports.

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