Multiple Choice
Use the following to answer questions:
Figure: Trade
-(Figure: Trade) Refer to the figure. If the world price for the good in this figure were higher than the domestic price, a move to free international trade means that the domestic economy would become:
A) a net importer of the good.
B) a net exporter of the good.
C) neither a net importer nor a net exporter of the good.
D) either a net importer or a net exporter of the good but it is impossible to say which.
Correct Answer:

Verified
Correct Answer:
Verified
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