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Author Question: The diagram below shows the domestic demand and supply curves in the market for newsprint in ... (Read 43 times)

Deej

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on: Oct 12, 2022

Question 1

The existence of any "gains from trade" relies on
◦ closed economies.
◦ absolute advantage.
◦ tariffs
◦ both absolute and comparative advantage.
◦ comparative advantage.

Question 2

The diagram below shows the domestic demand and supply curves in the market for newsprint in Paperland.



FIGURE 19-5

Refer to Figure 19-5. If Paperland engages in trade and the world price is PA, the residents of Paperland will consume ________ units of newsprint.


◦ Q1
◦ Q2
◦ Q3
◦ Q4
◦ Q5
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Deej on Oct 12, 2022

spicyzack

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Reply #1 on: Oct 12, 2022
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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Deej

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

Liddy

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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