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    International Economics Study Set 6
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    Exam 6: The Theory of Tariffs and Quotas
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    The Graph Above Shows Domestic Supply and Demand with Trade
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The Graph Above Shows Domestic Supply and Demand with Trade

Question 46

Question 46

Multiple Choice

  The graph above shows domestic supply and demand with trade.With trade,this country can purchase at the world price,Pw. Which of the following areas represents consumer surplus with trade? A) Pw-A-0 B) Pw-B-Qd-0 C) P1-B-Pw D) P1-B-A-0
The graph above shows domestic supply and demand with trade.With trade,this country can purchase at the world price,Pw.
Which of the following areas represents consumer surplus with trade?


A) Pw-A-0
B) Pw-B-Qd-0
C) P1-B-Pw
D) P1-B-A-0

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