Multiple Choice
Figure 17-5
Refer to Figure 17-5. If this country chooses to trade, the price of baskets in this country will be
A) $10 and 40 baskets will be sold domestically.
B) $10 and 105 baskets will be domestically.
C) $7 and 70 baskets will be sold domestically.
D) $7 and 40 baskets will be sold domestically.
Correct Answer:
Verified
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