Figure 9.1 looks at a case where the world price is below the domestic no-trade price. Lets

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Figure 9.1 looks at a case where the world price is below the domestic no-trade price. Let’s look at the case where the world price is above the domestic no-trade price. We’ll work with the market for airplanes shown in the figure below. pg69

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Modern Principles Of Economics

ISBN: 9781429239974

2nd Edition

Authors: Tyler Cowen, Alex Tabarrok

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