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  3. Study Set
    Principles of Macroeconomics Study Set 8
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    Exam 9: Application International Trade: The Winners and Losers From Trade
  5. Question
    Figure 9-21 The Following Diagram Shows the Domestic Demand and Domestic Supply
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Figure 9-21 The Following Diagram Shows the Domestic Demand and Domestic Supply

Question 4

Question 4

Multiple Choice

Figure 9-21
The following diagram shows the domestic demand and domestic supply for a market.In addition,assume that the world price in this market is $40 per unit. Figure 9-21 The following diagram shows the domestic demand and domestic supply for a market.In addition,assume that the world price in this market is $40 per unit.   -Refer to Figure 9-21.Consumer surplus with free trade is A) $4,000. B) $8,000. C) $16,000. D) $18,000.
-Refer to Figure 9-21.Consumer surplus with free trade is


A) $4,000.
B) $8,000.
C) $16,000.
D) $18,000.

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