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    Exam 15: Foreign Trade
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    -If the Economy Is Opened to Free Trade,the Price and Quantity
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-If the Economy Is Opened to Free Trade,the Price and Quantity

Question 44

Question 44

Multiple Choice

  -If the economy is opened to free trade,the price and quantity sold (both domestically produced and imported) of this product,respectively,would be: A) 0P<sub>c</sub> and 0v B) 0P<sub>t</sub> and 0w C) 0P<sub>t</sub> and 0y D) 0P<sub>c</sub> and 0z E) 0P<sub>t</sub> and 0z
-If the economy is opened to free trade,the price and quantity sold (both domestically produced and imported) of this product,respectively,would be:


A) 0Pc and 0v
B) 0Pt and 0w
C) 0Pt and 0y
D) 0Pc and 0z
E) 0Pt and 0z

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