7. Table 1 presents the demand and supply schedules for television sets in Japan and Canada. If...
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7. Table 1 presents the demand and supply schedules for television sets in Japan and Canada. If Canada and Japan trade with each other, what will happen to the output of television sets in Canada?
(a) TV production in Canada will fall by 10,000 units.
(b) TV production in Canada will fall by 20,000 units.
(c) TV production in Canada will fall by 30,000 units.
(d) TV production in Canada will increase by 10,000 units.
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Related Book For 
Fundamentals Of Economics For Business
ISBN: 398357
2nd Edition
Authors: John Smithin ,David Barrows
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