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Question 26 (1 point) A country exports a good if OA) the world price of the good is below the country's no-trade equilibrium price.
Question 26 (1 point) A country exports a good if OA) the world price of the good is below the country's no-trade equilibrium price. OB) the quantity demanded of the good in the country is greater than the quantity supplied at the world price. OC) it has a high opportunity cost of production. D) the world price of the good is above the country's no-trade equilibrium price. E) it cannot import the good.
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Macroeconomics Principles and Applications
Authors: Robert e. hall, marc Lieberman
5th edition
1111397465, 9781439038970, 1439038988, 978-1111397463, 143903897X, 9781439038987, 978-1133265238
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