Refer to the figure below to answer the following questions.

Figure 7.2.1
The figure shows the market for shirts in Canada, where D is the domestic demand curve and S is the domestic supply curve. The world price is $20 per shirt.
-In Figure 7.2.1, with international trade, Canada ________ million shirts per year.
A)imports 32
B)imports 48
C)exports 16
D)exports 32
E)imports 16

Question

Refer to the figure below to answer the following questions.
  
Figure 7.2.1
The figure shows the market for shirts in Canada, where D is the domestic demand curve and S is the domestic supply curve. The world price is $20 per shirt.
-In Figure 7.2.1, with international trade, Canada ________ million shirts per year.
A)imports 32 
B)imports 48 
C)exports 16 
D)exports 32 
E)imports 16

Quizplus · Accepted Answer

Canada imports 32 million shirts per year with international trade, as indicated by the correct choice.

Refer to the Figure Below to Answer the Following Questions