5. If the world price is higher than the domestic autarky price, then when the economy opens...

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5. If the world price is higher than the domestic autarky price, then when the economy opens up to trade the country will become an of the good and the price in the domestic market will .

a. exporter; decrease

b. importer; decrease

c. importer; increase

d. exporter; increase

e. exporter; remain unchanged

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Macroeconomics In Modules

ISBN: 978-1464139055

3rd Edition

Authors: Paul Krugman ,Robin Wells

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Question Posted: Oct 16, 2024 07:00 AM

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5. If the world price is higher than the domestic autarky price, then when the economy opens...

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Macroeconomics In Modules

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