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N 16 24 32 40 48 56 64 Quantity (millions of shirts per year) The figure above shows the U.S. market for shirts. Assuming the

N 16 24 32 40 48 56 64 Quantity (millions of shirts per year) The figure above shows the U.S. market for shirts. Assuming the world price is $20, if the U.S, engages in international trade, the U.S. will import shirts. True False

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