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1. Suppose Home is a large country whose supply and demand and supply curves are given by P = 18-Q P= Q Demand: Supply: The

1. Suppose Home is a large country whose supply and demand and supply curves are given by P = 18-Q P= Q Demand: Supply: The import demand and export supply are given by Import Demand: P = 9- Q/2 Export Supply: P = 3+ Q/2

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