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Consider the figure below representing the domestic supply and demand for a product. If this country did not trade with any other countries it would

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Consider the figure below representing the domestic supply and demand for a product. If this country did not trade with any other countries it would produce and consume 200 units and each unit would sell for $100.If this country trades with others the price of the product will fall to $75.

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Price $140 $100 $75 135 200 250 Quantity

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