Based on the table below,at what world price would the country import?
$$\begin{array} { | l | l | l | }
\hline \text { Price } & \text { QDemanded } & \text { QSupplied } \
\hline 2 & 100 & 70 \
\hline 4 & 95 & 75 \
\hline 6 & 90 & 80 \
\hline 8 & 85 & 85 \
\hline 10 & 80 & 90 \
\hline 12 & 75 & 95 \
\hline
\end{array}$$

Question

Based on the table below,at what world price would the country import?
$$\begin{array} { | l | l | l | } 
\hline \text { Price } & \text { QDemanded } & \text { QSupplied } \
\hline 2 & 100 & 70 \
\hline 4 & 95 & 75 \
\hline 6 & 90 & 80 \
\hline 8 & 85 & 85 \
\hline 10 & 80 & 90 \
\hline 12 & 75 & 95 \
\hline
\end{array}$$

Quizplus · Accepted Answer

When the world price is below $8, the quantity demanded is greater than the quantity supplied, indicating that the country will import.

Based on the Table Below,at What World Price Would the Country