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    If the World Price Is Greater Than the Domestic Price
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If the World Price Is Greater Than the Domestic Price

Question 53

Question 53

Multiple Choice

If the world price is greater than the domestic price of a commodity in a closed economy,when that economy begins to trade,the economy will _________ the commodity.


A) stop consuming
B) stop producing
C) be self-sufficient in
D) become a net importer of
E) become a net exporter of

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