The graph shown demonstrates the domestic demand and supply for a good, as well as the world price for that good.
If this economy decides to open to free trade, it will _______ the good because the _______ price is greater than the _______ price.
A) import; domestic; world
B) export; domestic; world
C) import; world; domestic
D) export; world; domestic
Correct Answer:
Verified
Q57: The graph shown demonstrates the domestic demand
Q58: The graph shown demonstrates the domestic demand
Q59: The graph shown demonstrates the domestic demand
Q60: The graph shown demonstrates the domestic demand
Q61: The graph shown demonstrates the domestic demand
Q63: The graph shown demonstrates the domestic demand
Q64: The graph shown demonstrates the domestic demand
Q65: The graph shown demonstrates the domestic demand
Q66: The graph shown demonstrates the domestic demand
Q67: The graph shown demonstrates the domestic demand
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