Multiple Choice
Figure: A Country's Before and After Trade Equilibria
(Figure: A Country's Before and After Trade Equilibria) What
Happened to the relative price of shoes in this nation after
Trade?
A) Shoes became relatively more expensive in terms of computers.
B) Shoes became relatively cheaper in terms of computers.
C) Shoes were not as desirable after trade.
D) The price of shoes did not change-only the quantity.
Correct Answer:
Verified
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