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Figure 9-5 -Refer to Figure 9-5.With Trade and Without a Tariff

Question 15

Multiple Choice

Figure 9-5
Figure 9-5 -Refer to Figure 9-5.With trade and without a tariff, A) the domestic price is equal to the world price. B) carnations are sold at $8 in this market. C) there is a shortage of 400 carnations in this market. D) this country imports 200 carnations.
-Refer to Figure 9-5.With trade and without a tariff,


A) the domestic price is equal to the world price.
B) carnations are sold at $8 in this market.
C) there is a shortage of 400 carnations in this market.
D) this country imports 200 carnations.

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