Use the following to answer questions:
Figure: International Trade 1 
-(Figure: International Trade 1) Refer to the figure. According to the figure, which of the following statements is TRUE?
A) After international trade, price falls by $4 and consumption increases by 4 units.
B) After international trade, price falls by $4 and consumption decreases by 4 units.
C) After international trade, price rises by $4 and consumption increases by 8 units.
D) After international trade, price stays the same and consumption increases by 8 units.
Correct Answer:
Verified
Q15: If Tyler and Alex are trading partners,
Q16: International trade is similar to local trade
Q17: Which of the following statements regarding trade
Q18: The benefits of trade include:
I. greater productivity
Q19: Use the following to answer questions:
Figure: International
Q21: A tariff is a:
A) tax credit for
Q22: Import trade tends to _ domestic quantity
Q23: Use the following to answer questions:
Figure: Foreign
Q24: Use the following to answer questions:
Figure: Foreign
Q25: Use the following to answer questions:
Figure: Trade
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