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    Principles of Macroeconomics Study Set 8
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    Exam 9: Application International Trade: Part A
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    Figure 9-28 The Following Diagram Shows the Domestic Demand and Domestic Supply
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Figure 9-28 The Following Diagram Shows the Domestic Demand and Domestic Supply

Question 45

Question 45

Short Answer

Figure 9-28
The following diagram shows the domestic demand and domestic supply curves in a market. Figure 9-28 The following diagram shows the domestic demand and domestic supply curves in a market.   -Refer to Figure 9-28.Suppose the world price in this market is $6.If the country allows free trade,how much is total surplus?
-Refer to Figure 9-28.Suppose the world price in this market is $6.If the country allows free trade,how much is total surplus?

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