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-A Country Exports a Good If

Question 6

Multiple Choice

-A country exports a good if A) the world price of the good is above the country's no-trade equilibrium price. B) the world price of the good is below the country's no-trade equilibrium price. C) it has a high opportunity cost of production. D) it cannot import the good. E) the quantity demanded of the good in the country is greater than the quantity supplied at the world price.
-A country exports a good if

A) the world price of the good is above the country's no-trade equilibrium price.
B) the world price of the good is below the country's no-trade equilibrium price.
C) it has a high opportunity cost of production.
D) it cannot import the good.
E) the quantity demanded of the good in the country is greater than the quantity supplied at the world price.

Correct Answer: