The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5

-The higher the world price above the domestic no-trade equilibrium, the lesser the quantity of a good exported by a country.

Question

The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5
 
-The higher the world price above the domestic no-trade equilibrium, the lesser the quantity of a good exported by a country.

Quizplus · Accepted Answer

The higher the world price above the domestic no-trade equilibrium price, the greater the quantity of a good exported by a country, as domestic producers can sell their goods at a higher price on the world market, increasing their incentive to export.

The Table Below Shows the Quantity Demanded (In Thousands) and Quantity