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