Multiple Choice
(Figure: A Country's Before and After Trade Equilibria)
Suppose that the new international relative price of
Computers increases from the pretrade price.If we then
Subtract the number of computers purchased domestically
At the new international price from the number of
Computers produced, we will get one point on
____________ for computers.
A) the import demand schedule
B) the export supply schedule
C) the production possibilities frontier
D) the indifference curve
Correct Answer:
Verified
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