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Refer to the Accompanying Table for a Certain Product's Market

Question 44

Multiple Choice

Refer to the accompanying table for a certain product's market in Econland. If Econland was open to international trade and the world price was $6, then Econland would A) import800units. B) import2,200units. C) export800units. D) export1,400units. Refer to the accompanying table for a certain product's market in Econland. If Econland was open to international trade and the world price was $6, then Econland would


A) import800units.
B) import2,200units.
C) export800units.
D) export1,400units.

Correct Answer:

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