Solved

Under Free Trade,as Long as There Are International Differences in the Price

Question 37

Multiple Choice

Under free trade,as long as there are international differences in the price of a good,the


A) good will be exported by the country where its price is relatively high.
B) price will continue to rise in both the importing and exporting countries.
C) price will fall in the exporting country and rise in the importing country.
D) good will be imported by the country where the price is relatively high.
E) quantities being imported must be greater than the quantities being exported.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents