Suppose the world price of a good is $4.Based on the table below,the country will $$\begin{array} { | l | l | l | }
\hline \text { Price } & \text { QDemanded } & \text { QSupplied } \
\hline 2 & 100 & 70 \
\hline 4 & 95 & 75 \
\hline 6 & 90 & 80 \
\hline 8 & 85 & 85 \
\hline 10 & 80 & 90 \
\hline 12 & 75 & 95 \
\hline
\end{array}$$

Question

Suppose the world price of a good is $4.Based on the table below,the country will $$\begin{array} { | l | l | l | } 
\hline \text { Price } & \text { QDemanded } & \text { QSupplied } \
\hline 2 & 100 & 70 \
\hline 4 & 95 & 75 \
\hline 6 & 90 & 80 \
\hline 8 & 85 & 85 \
\hline 10 & 80 & 90 \
\hline 12 & 75 & 95 \
\hline
\end{array}$$

Quizplus · Accepted Answer

At a world price of $4, the country will demand 95 units and supply 75 units. Therefore, the country will import 20 units.

Suppose the World Price of a Good Is $4 A) Import 20 Units B) Export 20 Units C) Import

Suppose the World Price of a Good Is $4 A) Import 20 Units
B) Export 20 Units
C) Import