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Author Question: Which of the following is true? i.When the world price of a good is lower than the price that ... (Read 53 times)

Shelles

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on: May 24, 2019
Which of the following is true?
i.When the world price of a good is lower than the price that balances domestic supply and
demand, a country gains from exporting the good.
ii.Compared to a no-trade situation, in a market with imports, consumer surplus is larger.
iii.Quotas raise the domestic price of imported goods.

◦ only i
◦ only ii
◦ only iii
◦ i and ii
◦ ii and iii
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by Shelles on May 24, 2019

peilian

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Shelles

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

carlsona147

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Reply 3 on: Yesterday
Excellent

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