(Figure: Foreign Trade) Refer to the figure. What quantitywould be traded in the absence of any international trade?
A)600
B)1,400
C)1,000
D)800

Name: (Figure: Foreign Trade) Refer to the figure. What quantitywould be traded in the absence of any international trade? A)600 B)1,400 C)1,000 D)800
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Question

(Figure: Foreign Trade) Refer to the figure. What quantitywould be traded in the absence of any international trade?
A)600 
B)1,400 
C)1,000 
D)800

Quizplus · Accepted Answer

In the absence of any international trade, the quantity traded would be equal to the domestic quantity supplied, which is 1,000.

(Figure: Foreign Trade) Refer to the Figure