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The following graph shows the domestic supply of and demand for soybeans in Zambia. The world price (P) of soybeans is $525 per ton
The following graph shows the domestic supply of and demand for soybeans in Zambia. The world price (P) of soybeans is $525 per ton and is represented by the horizontal Mack Ine. Throughout the question, assume that the amount demanded by any one country does not affect the world price of soybeans and that there are no transportation or transaction costs asociated with international trade in soybeans. Ale, asume that domestic wppers will staly domestic demand as much as possible before any exporting or importing takes place PRICE (Dolas p IEEEE58 Domen Demand Domestic Supply
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