If a country's price for wood furniture in the absence of trade is lower than the price with trade,the country will likely:

Question

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If a country's price for wood furniture in the absence of trade is lower than the price with trade, it indicates that the country can produce wood furniture more cheaply than it can be bought on the international market. Therefore, the country is likely to export wooden furniture to take advantage of the higher prices available abroad.

If a Country's Price for Wood Furniture in the Absence