Americans will neither export nor import aluminum when its:

Question

Quizplus · Accepted Answer

When the domestic price of aluminum equals the world price, it means that there is no incentive for American producers to export their aluminum since they can get the same price in the domestic market as they would in the world market. Similarly, there is no incentive for American consumers to import aluminum since they can get the same price in the domestic market as they would in the world market. Therefore, Americans will neither export nor import aluminum in this situation.

Americans Will Neither Export nor Import Aluminum When Its