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  3. Study Set
    Principles of Macroeconomics Study Set 8
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    Exam 9: Application International Trade: The Winners and Losers From Trade
  5. Question
    Figure 9-7
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Figure 9-7

Question 68

Question 68

Multiple Choice

Figure 9-7.The figure applies to the nation of Wales and the good is cheese. Figure 9-7.The figure applies to the nation of Wales and the good is cheese.   -Refer to Figure 9-7.With trade,Wales A) imports Q<sub>2</sub> - Q<sub>1</sub> units of cheese. B) exports Q<sub>2</sub> - Q<sub>1</sub> units of cheese. C) imports Q<sub>2</sub> - Q<sub>0</sub> units of cheese. D) exports Q<sub>2</sub> - Q<sub>0</sub> units of cheese.
-Refer to Figure 9-7.With trade,Wales


A) imports Q2 - Q1 units of cheese.
B) exports Q2 - Q1 units of cheese.
C) imports Q2 - Q0 units of cheese.
D) exports Q2 - Q0 units of cheese.

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