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et denote the world price of a good and denote the domestic equilibrium price in autarky in Country A, which has a small economy. Suppose
et denote the world price of a good and denote the domestic equilibrium price in autarky in Country A, which has a small economy. Suppose some "shock" causes and to suddenly double. Which of the following is/are possible? Group of answer choices Country A was a net exporter before the shock, and remains so afterwards. Country A was a net importer before the shock, but is now a net exporter. All of these answers None of these answers Country A was a net exporter before the shock, but is now a net importer. Country A was a net importer before the shock, and remains so afterwards
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