A country will import a good only if
A) there is excess domestic quantity supplied at the world price
B) domestic quantity supplied is greater than world quantity supplied
C) domestic quantity demanded is less than world quantity demanded
D) domestic quantity demanded is zero at the world price
E) excess quantity demanded is positive at the world price
Correct Answer:
Verified
Q92: As a result of a tariff on
Q93: The difference between a specific tariff and
Q94: Exhibit 19-6 Q95: Exhibit 19-5 Q96: Exhibit 19-6 Q99: The world price of a good is Q100: A tax on imports equal to a Q101: An import quota is a Q102: Exhibit 19-8 Q104: As a result of a tariff on Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
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A)the
A)tax on imports
B)legal![]()