Business, 08.01.2020 00:31 bhadd4385

If the world price is below the domestic "no-trade" equilibrium price, then with international trade: a)the domestic surplus can be exported to the rest of the world.
b)the domestic shortage can be met by foreign imports.
c)the domestic surplus can be consumed at home.
d)the domestic quantity demanded is equal to that supplied by the world.

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If the world price is below the domestic "no-trade" equilibrium price, then with international trade...

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