-The table above has the domestic demand and domestic supply schedules for a good.If the world price of the good is $10 and international trade occurs,then according to the table
A) domestic production is higher before trade than after trade.
B) the country imports 16 units a day.
C) the country imports 6 units a day.
D) the country exports 6 units a day.
E) the country exports 22 units a day.

Question

-The table above has the domestic demand and domestic supply schedules for a good.If the world price of the good is $10 and international trade occurs,then according to the table
A) domestic production is higher before trade than after trade. 
B) the country imports 16 units a day. 
C) the country imports 6 units a day. 
D) the country exports 6 units a day. 
E) the country exports 22 units a day.

Quizplus · Accepted Answer

The Answer of 
-The table above has the domestic demand and domestic supply schedules for a good.If the world price of the good is $10 and international trade occurs,then according to the table
A) domestic production is higher before trade than after trade. 
B) the country imports 16 units a day. 
C) the country imports 6 units a day. 
D) the country exports 6 units a day. 
E) the country exports 22 units a day.

-The Table Above Has the Domestic Demand and Domestic Supply