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-Australia Imports T-Shirts from Asia

Question 1

Multiple Choice

-Australia imports t-shirts from Asia. As a result, Australian consumers pay ________ otherwise and Asian producers receive ________ otherwise. A) the same price as; the same price as B) a lower price than; a higher price than C) a lower price than; a lower price than D) a higher price than; a higher price than E) a higher price than; a lower price than
-Australia imports t-shirts from Asia. As a result, Australian consumers pay ________ otherwise and Asian producers receive ________ otherwise.


A) the same price as; the same price as
B) a lower price than; a higher price than
C) a lower price than; a lower price than
D) a higher price than; a higher price than
E) a higher price than; a lower price than

Correct Answer:

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