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(Figure: Market for Engines) According to the Figure, If There

Question 85

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(Figure: Market for Engines) According to the figure, if there is international trade in this market, and the world price of an engine is $800:
(Figure: Market for Engines) According to the figure, if there is international trade in this market, and the world price of an engine is $800: A) domestic consumers will import 800 units. B) domestic consumers will export 800 units. C) domestic producers will import 300 units. D) domestic producers will export 300 units.


A) domestic consumers will import 800 units.
B) domestic consumers will export 800 units.
C) domestic producers will import 300 units.
D) domestic producers will export 300 units.

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