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If No Trade Restrictions Exist, Under What Conditions Will a Country

Question 44

Multiple Choice

If no trade restrictions exist, under what conditions will a country import a particular good?  


A)  if domestic quantity supplied equals domestic quantity demanded at the world price 
B)  if there is excess domestic quantity demanded at the world price 
C)  if world quantity supplied is less than world quantity demanded 
D)  if world quantity supplied is greater than world quantity demanded

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