Multiple Choice
Use the following to answer questions:
Figure: International Trade 1
-(Figure: International Trade 1) Refer to the figure. According to the figure, which of the following statements is TRUE?
A) After international trade, price falls by $4 and consumption increases by 4 units.
B) After international trade, price falls by $4 and consumption decreases by 4 units.
C) After international trade, price rises by $4 and consumption increases by 8 units.
D) After international trade, price stays the same and consumption increases by 8 units.
Correct Answer:

Verified
Correct Answer:
Verified
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