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Figure 9-10

Question 199

Multiple Choice

Figure 9-10.The figure applies to the nation of Australia and the good is cameras. Figure 9-10.The figure applies to the nation of Australia and the good is cameras. -Refer to Figure 9-10.Australia's gains from trade are represented by the area that is bounded by the points A) (0,P<sub>0</sub>) ,(Q<sub>0</sub>,P<sub>0</sub>) ,(Q<sub>2</sub>,P<sub>1</sub>) ,and (0,P<sub>1</sub>) . B) (0,P<sub>1</sub>) ,(0,P<sub>2</sub>) ,(Q<sub>0</sub>,P<sub>0</sub>) ,and (Q<sub>1</sub>,P<sub>1</sub>) . C) (Q<sub>0</sub>,P<sub>0</sub>) ,(Q<sub>2</sub>,P<sub>1</sub>) ,and (Q<sub>1</sub>,P<sub>1</sub>) . D) (0,P<sub>0</sub>) ,(0,P<sub>2</sub>) ,and (Q<sub>0</sub>,P<sub>0</sub>) .
-Refer to Figure 9-10.Australia's gains from trade are represented by the area that is bounded by the points


A) (0,P0) ,(Q0,P0) ,(Q2,P1) ,and (0,P1) .
B) (0,P1) ,(0,P2) ,(Q0,P0) ,and (Q1,P1) .
C) (Q0,P0) ,(Q2,P1) ,and (Q1,P1) .
D) (0,P0) ,(0,P2) ,and (Q0,P0) .

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