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Suppose the World Price of a Good Is $4

Question 109

Multiple Choice

Suppose the world price of a good is $4. Based on the table below, the country would Suppose the world price of a good is $4. Based on the table below, the country would   A)  import 20 units. B)  export 20 units. C)  export 10 units. D)  import 10 units.


A) import 20 units.
B) export 20 units.
C) export 10 units.
D) import 10 units.

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