Author Question: The international equilibrium price is the point at which: a. the domestic supply curve of one ... (Read 78 times)

karen · **on:** Jun 30, 2018

The international equilibrium price is the point at which:
a. the domestic supply curve of one country intersects the domestic demand curve of another.
b. the domestic demand and supply curves of a country intersects each other.
c. the export supply curve of one country intersects the import demand curve of another.
d. the domestic demand of the trading partners become identical.
e. the domestic supply of the trading partners become identical.

Question 2

The consumption of public goods is
a. excludable and rivalrous
b. excludable and non-rivalrous
c. non-excludable and rivalrous
d. non-excludable and non-rivalrous