Suppose the world price of a television is $300 . Before Paraguay allowed trade in televisions, the price of a television there was $350 . Once Paraguay began allowing trade in televisions with other countries, Paraguay began

a. importing televisions and the price of a television in Paraguay decreased to $300.
b. importing televisions and the price of a television in Paraguay remained at $350.
c. exporting televisions and the price of a television in Paraguay decreased to $300.
d. exporting televisions and the price of a television in Paraguay remained at $350.

a

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