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    Principles of Microeconomics Study Set 1
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    Exam 9: Application: International Trade
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    Figure 9-10
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Figure 9-10

Question 357

Question 357

Multiple Choice

Figure 9-10. The figure applies to Mexico and the good is rifles. Figure 9-10. The figure applies to Mexico and the good is rifles.   -Refer to Figure 9-10. With trade, the equilibrium price of rifles and the equilibrium quantity of rifles demanded in Mexico are A)  P1 and Q1. B)  P1 and Q2. C)  P2 and Q2. D)  P0 and Q0.
-Refer to Figure 9-10. With trade, the equilibrium price of rifles and the equilibrium quantity of rifles demanded in Mexico are


A) P1 and Q1.
B) P1 and Q2.
C) P2 and Q2.
D) P0 and Q0.

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