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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 145

Question 145

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.Suppose the government allows imports of leather footwear into the United States.What will be the quantity of imports? A) Q<sub>0</sub> B) Q<sub>1</sub> C) Q<sub>2</sub> D) Q<sub>2</sub> - Q<sub>0</sub> Figure 7-1 shows the U.S.demand and supply for leather footwear.
-Refer to Figure 7-1.Suppose the government allows imports of leather footwear into the United States.What will be the quantity of imports?


A) Q0
B) Q1
C) Q2
D) Q2 - Q0

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