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    Principles of Macroeconomics Study Set 8
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    Exam 9: Application International Trade: The Winners and Losers From Trade
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    Figure 9-24 the Following Diagram Shows the Domestic Demand and Supply in Supply
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Figure 9-24 the Following Diagram Shows the Domestic Demand and Supply in Supply

Question 232

Question 232

Multiple Choice

Figure 9-24
The following diagram shows the domestic demand and supply in a market.Assume that the world price in this market is $20 per unit. Figure 9-24 The following diagram shows the domestic demand and supply in a market.Assume that the world price in this market is $20 per unit.   -Refer to Figure 9-24.With free trade,the country A) exports 20 units of the good. B) imports 20 units of the good. C) exports 30 units of the good. D) imports 30 units of the good.
-Refer to Figure 9-24.With free trade,the country


A) exports 20 units of the good.
B) imports 20 units of the good.
C) exports 30 units of the good.
D) imports 30 units of the good.

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