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Let aggregate demand for good X in Country 1 be given by the function q d1 = 200-2 p and aggregate supply be given by
Let aggregate demand for good X in Country 1 be given by the functionqd1=200-2pand aggregate supply be given byqs1=4p-160.Let aggregate demand for good X in Country 2 be given by the functionqd2=300-2pand aggregate supply be given byqs2=4p-180.
At the world price,pW,what are the net imports or exports in each country?
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