If Australia imports toys from other countries, this means the world price of toys is lower than the Australian price of toys.

Name: If Australia imports toys from other countries, this means the world price of toys is lower than the Australian price of toys.
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Question

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If Australia is importing toys from other countries, it indicates that the toys are cheaper to produce in those countries than in Australia. Therefore, the world price of toys must be lower than the Australian price of toys.

If Australia Imports Toys from Other Countries, This Means the World