Refer to the figure above. In free trade A will import
A) 700 units from country C.
B) 700 units from C and 600 units from B.
C) 600 units from C.
D) 600 units from C and 400 units from B.
C
Economics
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Wage and price controls imposed for an extended period of time are likely to result in:
a. shortages. b. rationing. c. black markets. d. All of these.
Economics
If the ____ is/are fixed, a change in nominal income is equivalent to a change in real income
a. price level b. interest rates c. tastes and preferences d. future expectations
Economics