The following data is for the hypothetical nations of Alpha and Beta.Qs is domestic quantity supplied and Qd is domestic quantity demanded.
Refer to the above data.At the equilibrium world price:
A) both nations will export steel.
B) both nations will import steel.
C) Alpha will export steel and Beta will import steel.
D) Beta will export steel and Alpha will import steel.
Correct Answer:
Verified
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