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    Economics Study Set 9
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    Exam 9: Comparative Advantage and the Gains From International Trade
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    Figure 9-4 Figure 9-4 Shows the U
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Figure 9-4 Figure 9-4 Shows the U

Question 357

Question 357

Multiple Choice

Figure 9-4 Figure 9-4   Figure 9-4 shows the U.S. demand and supply for leather footwear. -Refer to Figure 9-4. Under autarky, the producer surplus is area A)  S + V. B)  T + W+ X. C)  V. D)  S + T + V + W + X. Figure 9-4 shows the U.S. demand and supply for leather footwear.
-Refer to Figure 9-4. Under autarky, the producer surplus is area


A) S + V.
B) T + W+ X.
C) V.
D) S + T + V + W + X.

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