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This Graph Demonstrates the Domestic Demand and Supply for a Good,as

Question 51

Multiple Choice

This graph demonstrates the domestic demand and supply for a good,as well as the world price for that good. This graph demonstrates the domestic demand and supply for a good,as well as the world price for that good. According to the graph shown,if this economy was to engage in free trade,the good would: A) be imported. B) be exported. C) no longer be produced domestically. D) not be imported or exported and only be produced domestically. According to the graph shown,if this economy was to engage in free trade,the good would:


A) be imported.
B) be exported.
C) no longer be produced domestically.
D) not be imported or exported and only be produced domestically.

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