The quantity supplied by domestic producers in an importing country must be less than the quantity demanded by its population.

Name: The quantity supplied by domestic producers in an importing country must be less than the quantity demanded by its population.
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Question

Quizplus · Accepted Answer

The quantity supplied by domestic producers in an importing country is always less than the quantity demanded by its population because the country imports goods to meet the excess demand.

The Quantity Supplied by Domestic Producers in an Importing Country