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Refer to the Information Provided in Figure 19

Question 150

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Refer to the information provided in Figure 19.3 below to answer the questions that follow.
Refer to the information provided in Figure 19.3 below to answer the questions that follow.    Figure 19.3 -Refer to Figure 19.3.The domestic price of shoes is $80.After trade the price of a pair of shoes is $60.If shoes are a normal good and income in this country rises,then we would expect A) the number of pairs of shoes imported into this country to increase. B) the number of pairs of shoes imported into this country to decrease. C) the number of pairs of shoes exported from this country to increase. D) the number of pairs of shoes exported from this country to decrease. Figure 19.3
-Refer to Figure 19.3.The domestic price of shoes is $80.After trade the price of a pair of shoes is $60.If shoes are a normal good and income in this country rises,then we would expect


A) the number of pairs of shoes imported into this country to increase.
B) the number of pairs of shoes imported into this country to decrease.
C) the number of pairs of shoes exported from this country to increase.
D) the number of pairs of shoes exported from this country to decrease.

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