=+9. The nation of Acirema is small and unable to affect world prices. It imports peanuts at

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=+9. The nation of Acirema is “small” and unable to affect world prices. It imports peanuts at the price of $10 per bag. The demand curve is The supply curve is

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International Economics

ISBN: 9780132146654

9th Edition

Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz

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