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Loraine Loraine
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9 years ago
A country exports a good if
A) it has a high opportunity cost of production.
B) the world price of the good is below the country's no-trade equilibrium price.
C) the world price of the good is above the country's no-trade equilibrium price.
D) the quantity demanded of the good in the country is greater than the quantity supplied at the world price.
E) it cannot import the good.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 180 times
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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9 years ago
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Loraine Author
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9 years ago
Helped a lot
cipcal
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cipcal
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Thanks
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