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The figure below depicts the domestic market for a particular good. The curve labeled S represents domestic supply. The curve labeled D represents domestic demand.

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The figure below depicts the domestic market for a particular good. The curve labeled S represents domestic supply. The curve labeled D represents domestic demand. The line labeled Pw is the world price of the good. 20 S 18 16 14 12 Price PW 2 4 6 8 10 12 14 16 18 20 Quantity Use the graph to answer the following questions: Assume that international trade HAS NOT been established

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