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Economics: The Basics 1st Edition by Mike Mandel
النسخة 1الرقم المعياري الدولي: 978-0071316026Economics: The Basics 1st Edition by Mike Mandel
النسخة 1الرقم المعياري الدولي: 978-0071316026 تمرين 9
Suppose the quality of U.S.-made products declined.
a) Would this affect the supply curve for imports or the demand curve for imports? Show your answer on a supply-demand diagram.
b) What would happen to the quantity and price of imports?
c) Would the quality decline affect the supply curve for exports or the demand curve for exports? Show your answer on a supply-demand diagram.
d) What would happen to the quantity and price of exports?
a) Would this affect the supply curve for imports or the demand curve for imports? Show your answer on a supply-demand diagram.
b) What would happen to the quantity and price of imports?
c) Would the quality decline affect the supply curve for exports or the demand curve for exports? Show your answer on a supply-demand diagram.
d) What would happen to the quantity and price of exports?
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A nation demand is met by domestic produ...
Economics: The Basics 1st Edition by Mike Mandel
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