Question
Let us assume that the world price is p_w=200. What can we say about this market? Group of answer choices It is an import competing
Let us assume that the world price is p_w=200. What can we say about this market?
Group of answer choices
It is an import competing market, therefore the country has an advantage in this product.
It is an import competing market, therefore the country has a disadvantage in this product.
It is a potential export market, therefore the country has an advantage in this product.
It is a potential export market, therefore the country has a disadvantage in this product.
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Statistical Techniques In Business And Economics
Authors: Douglas Lind, William Marchal, Samuel Wathen
14th Edition
0077309421, 978-0077309428
