The diagram below shows the domestic demand and supply curves for denim jeans in Canada.The prevailing world price is PW.Assume that all jeans are identical.
FIGURE 33-2
-Refer to Figure 33-2.In the presence of free international trade,Canada's production will be at the quantity
A) Q1
B) Q2
C) Q3
D) Q4
E) Q5
Correct Answer:
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