(Figure: A Country's Before and After Trade Equilibria) What is the equilibrium post-trade point of production of this nation?
A) A
B) B
C) C
D) D

Question

(Figure: A Country's Before and After Trade Equilibria) What is the equilibrium post-trade point of production of this nation? 
A) A 
B) B 
C) C 
D) D

Quizplus · Accepted Answer

Post-trade equilibrium occurs where the world price line intersects with the country's supply curve. Only point C intersects with the world price line, so it is the equilibrium post-trade point of production.

(Figure: a Country's Before and After Trade Equilibria) What Is