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The First Panel in the Following Figure Shows the Domestic

Question 59

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The first panel in the following figure shows the domestic demand (D) and supply (S) curves of Columbian coffee and the second panel shows the import demand and export supply of Columbian coffee in the international market.Figure 20.1
The first panel in the following figure shows the domestic demand (D)  and supply (S)  curves of Columbian coffee and the second panel shows the import demand and export supply of Columbian coffee in the international market.Figure 20.1    -The import demand curve shows the amount of the home country's: A) surplus at various prices below the  no-trade  equilibrium. B) shortage at various prices below the  no-trade  equilibrium. C) equilibrium  no-trade  quantity demanded. D) surplus at various prices above the  no-trade  equilibrium. E) shortage at various prices above the  no-trade  equilibrium.
-The import demand curve shows the amount of the home country's:


A) surplus at various prices below the "no-trade" equilibrium.
B) shortage at various prices below the "no-trade" equilibrium.
C) equilibrium "no-trade" quantity demanded.
D) surplus at various prices above the "no-trade" equilibrium.
E) shortage at various prices above the "no-trade" equilibrium.

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