Figure 9-7. The figure applies to the nation of Wales and the good is cheese.
-Refer to Figure 9-7. With trade, Wales

Name: Figure 9-7. The figure applies to the nation of Wales and the good is cheese. -Refer to Figure 9-7. With trade, Wales
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Question

Figure 9-7. The figure applies to the nation of Wales and the good is cheese. 
-Refer to Figure 9-7. With trade, Wales

Quizplus · Accepted Answer

With trade, Wales will export the difference between its domestic production at Q1 and the quantity demanded at the world price at Q2. Therefore, the correct answer is B, exports Q2 - Q1 units of cheese.