The diagram below shows the domestic demand and supply curves in the market for newsprint in Paperland.
FIGURE 32-5
-Refer to Figure 32-5.If Paperland engages in international trade and the world price is PA,the amount of newsprint ________ will be ________.
A) imported; Q5 - Q1
B) exported; Q5
C) imported; Q1
D) exported; Q5 - Q1
E) imported; Q5 - Q3
Correct Answer:
Verified
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