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The Following Figure Shows the Demand Curve, D, and the Supply

Question 161

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The following figure shows the demand curve, D, and the supply curve, S, for calculators in Barylia. The world price of calculators is $40.
The following figure shows the demand curve, D, and the supply curve, S, for calculators in Barylia. The world price of calculators is $40.    -Refer to the figure above.If the economy of Barylia opens up to free trade,then which of the following statements is true? A)  Barylia will start importing calculators. B)  Barylia will start exporting calculators. C)  Domestic consumers will purchase a greater quantity of calculators than before. D)  The production and purchase of calculators in Barylia will remain the same as before.
-Refer to the figure above.If the economy of Barylia opens up to free trade,then which of the following statements is true?


A) Barylia will start importing calculators.
B) Barylia will start exporting calculators.
C) Domestic consumers will purchase a greater quantity of calculators than before.
D) The production and purchase of calculators in Barylia will remain the same as before.

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