The proportion of domestic demand for a good that is satisfied by domestic production relative to that supplied by imports is determined by:
A) the interplay of domestic demand and supply curves and the domestic equilibrium price of the good.
B) the interplay of demand and supply curves in the international market and the international equilibrium price of a good.
C) domestic supply and demand curves and the international equilibrium price of a good.
D) the different trade restrictions like tariffs and quotas created by the domestic government.
E) the interplay of demand and supply curves in the international market and the domestic price of the good
Correct Answer:
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