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Loraine Loraine
wrote...
Posts: 4563
9 years ago
A country will export a good if it
A) can sell the good to a foreigner at a higher price than the no-trade domestic price.
B) can sell the good to a foreigner at a lower price than the no-trade domestic price.
C) can dump the good on the world market.
D) has a high opportunity cost of production.
E) is impossible to import the good.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 194 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.

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Replies
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9 years ago
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