Multiple Choice
The above figure shows the U.S. market for 1 carat diamonds.
-With free trade, the United States produces ___________diamonds and imports_________ diamonds.
A) 500,000; 400,000
B) 0; 900,000
C) 100,000; 800,000
D) 100,000; 900,000
E) 300,000; 600,000
Correct Answer:
Verified
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