How does the relationship between the domestic equilibrium price and the world price of a good tell

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How does the relationship between the domestic equilibrium price and the world price of a good tell you whether a country is an importer or an exporter of that good?

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Economics

ISBN: 287201

6th Global Edition

Authors: Daron Acemoglu, David Laibson, John A. List

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Question Posted: Nov 18, 2024 02:00 AM

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How does the relationship between the domestic equilibrium price and the world price of a good tell you whether a country is an importer or an exporter of that good?
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How does the relationship between the domestic equilibrium price and the world price of a good tell

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Economics

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