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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 9-25 the Following Diagram Shows the Domestic Demand and Supply in Supply
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Figure 9-25 the Following Diagram Shows the Domestic Demand and Supply in Supply

Question 230

Question 230

Multiple Choice

Figure 9-25
The following diagram shows the domestic demand and supply in a market.Assume that the world price in this market is $10 per unit. Figure 9-25 The following diagram shows the domestic demand and supply in a market.Assume that the world price in this market is $10 per unit.   -Refer to Figure 9-25.With free trade,total surplus is A) $800. B) $1,200. C) $1,600. D) $2,000.
-Refer to Figure 9-25.With free trade,total surplus is


A) $800.
B) $1,200.
C) $1,600.
D) $2,000.

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