Multiple Choice
The table below shows the domestic price of a pair of trousers in four countries.
-Refer to the table above.If the world price of trousers is $5 per pair,then which of the following statements is true?
A) All four countries will import trousers.
B) All four countries will export trousers.
C) Country A and Country D will export trousers, whereas Country B and Country C will import trousers.
D) Country B and Country C will export trousers, whereas Country A and Country D will import trousers.
Correct Answer:

Verified
Correct Answer:
Verified
Q83: The curvature of an economy's production possibilities
Q84: Which of the following is an effect
Q85: Scenario: Jack takes 3 hours to complete
Q86: Which of the following statements is true?<br>A)
Q87: Scenario: The following figure shows the demand
Q89: Scenario: Yasmin and Zeek are lawyers working
Q90: Scenario: Yasmin and Zeek are lawyers working
Q91: What are the determinants of a country's
Q92: List the various arguments against free trade.
Q93: Suppose Country A produces 10 chairs and