The accompanying table gives data for Country X. Column 1 of the table is the price of a product. Column 2 is the quantity demanded domestically (Qd) , and Column 3 is the quantity supplied domestically (Qₛd) . If Country X opens itself up to international trade, at what world price will it begin exporting some units of the product?
A) any price above $9
B) any price below $9
C) any price above $15
D) any price below $15
Correct Answer:
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