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Answer the Next Six Questions Using the Following Diagram

Question 34

Multiple Choice

Answer the next six questions using the following diagram:
Answer the next six questions using the following diagram: -Moving from autarky to free trade: A) is bad economic policy B) causes domestic suppliers to contract output by Q<sub>S</sub>Q<sub>T</sub> C) causes domestic suppliers to contract output by Q<sub>S</sub>Q<sub>E</sub> D) causes domestic suppliers to contract output by Q<sub>S</sub>Q<sub>W</sub> E) enlarges consumer surplus by FHL
-Moving from autarky to free trade:


A) is bad economic policy
B) causes domestic suppliers to contract output by QSQT
C) causes domestic suppliers to contract output by QSQE
D) causes domestic suppliers to contract output by QSQW
E) enlarges consumer surplus by FHL

Correct Answer:

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