The _____ price of a good is its prevailing price in international markets.
A) U.S. consumer
B) producer
C) domestic
D) world
Correct Answer:
Verified
Q42: _ a source of competitive advantage as
Q43: _ surplus is the buyer's gain from
Q44: _ surplus is the seller's gain from
Q45: On a graph, _ surplus is measured
Q46: On a graph, _ surplus is measured
Q48: The _ price of a good is
Q49: The _ price occurs under self-sufficiency and
Q50: The _ price is determined by global
Q51: When the world price of a product
Q52: With international trade, a higher world price
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