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We have learned a specific model of international trade in this course, which includes a horizontal line at the world price. Which scenario below would

We have learned a specific model of international trade in this course, which includes a horizontal line at the world price. Which scenario below would be the most appropriate case to use this model?

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The Australian market for sneakers.

The US market for smartphones.

The Chinese market for sneakers.

The Australian market for iron ore.

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