Refer to Figure 35.5. If S₁ represents the U.S. domestic supply of a good and S₂ represents supply in the United States under conditions of free trade, what does S₃ most likely represent? A) U.S. supply under tariff-restricted trade. B) U.S. supply under quota-restricted trade. C) The result of a foreign country dumping this good on the U.S. market. D) Production possibilities under conditions of free trade.

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The Answer of Refer to Figure 35.5. If S₁ represents the U.S. domestic supply of a good and S₂ represents supply in the United States under conditions of free trade, what does S₃ most likely represent? A) U.S. supply under tariff-restricted trade. B) U.S. supply under quota-restricted trade. C) The result of a foreign country dumping this good on the U.S. market. D) Production possibilities under conditions of free trade.