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  3. Study Set
    Macroeconomics Study Set 17
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    Exam 7: Comparative Advantage and the Gains From International Trade
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    Figure 7-1 Figure 7-1 Shows the U
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Figure 7-1 Figure 7-1 Shows the U

Question 5

Question 5

Multiple Choice

Figure 7-1 Figure 7-1   Figure 7-1 shows the U.S.demand and supply for leather footwear. -Refer to Figure 7-1.Under autarky,the equilibrium price is A) $0. B) $24. C) $30. D) $54. Figure 7-1 shows the U.S.demand and supply for leather footwear.
-Refer to Figure 7-1.Under autarky,the equilibrium price is


A) $0.
B) $24.
C) $30.
D) $54.

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